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Technology Stocks : Veeco Instruments-Who? -- Ignore unavailable to you. Want to Upgrade?


To: Carl R. who wrote (1542)10/8/1998 12:24:00 AM
From: ET  Read Replies (1) | Respond to of 3069
 
carl.....33 bucks one day 23 bucks the next......gulp..

...i've never liked gambling[vegas and such]and now i feel like i'm in the middle of a #$&*!@ craps game......



To: Carl R. who wrote (1542)10/8/1998 9:17:00 AM
From: Zeev Hed  Read Replies (3) | Respond to of 3069
 
Carl, but if 23 breaks, as it might today, the decline may be fast and furious to under 20, IMHO. Very dangerous markets out there. The decline in the dollar (not so much the decline but the rate of decline) is causing instabilities which are going to reverberate in the markets. There are going to be accelerated "forced" liquidations of what once looked like well balanced hedged positions in the "carry trade". I would not be surprised to see another LTCM, except that this time, no one will step to the plate with a rescue package.

Zeev