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

To: daaan who wrote (1720)	1/11/1999 9:02:00 PM
From: Zeev Hed	Respond to of 3069

The question is who are the private holders, if these are management from prior acquisitions (and possibly on the way out), I would not worry, if it is VECO's own management, it is not a good sign. The fact that out of the 3.5 MM the company is raising only 1 MM new shares means that inside holders are jetissoning 2.5 MM quite a big chunk of the total float. Yet, this offering (from the company point of view) is well above book value and thus should be welcome cash ($60 MM or so?) Zeev