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


To: ET who wrote (1588)10/29/1998 7:13:00 PM
From: Stitch  Read Replies (2) | Respond to of 3069
 
RESEARCH ALERT - Veeco cut to buy
NEW YORK, Oct 29 (Reuters) - SoundView Technology said Thursday that semiconductor capital equipment analyst Michael O'Brien lowered his rating on Veeco Instruments Inc to buy from strong buy.

-- Cut fiscal 1998 earnings estimate to $1.08 a share from
$1.23.
-- Cut fiscal 1999 earnings estimate to $1.51 a share from
$2.17.
-- Shares fell 2-1/8 to 28-7/8.