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


To: daaan who wrote (1697)1/6/1999 12:15:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 3069
 
I do not have it this time, I had a GTC under 50, it never got there. I stayed with a number of chips rather then the equipment makers, for reasons I have explained before. If you still own it, raising the SL has worked so far, and a good point now should be under the last resistance at $55, or about $54 or so, another $7 bucks from the last stop loss. VECO can now go, over the next six month, to a premium price in the $75 range, IMHO. By the way, even a break under $54 would not turn it, it has to break $47 for me to become bearish on it, at least for the next few weeks.

Zeev