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

To: Zeev Hed who wrote (1735)1/25/1999 11:12:00 AM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 3069
 
Zeev: I am on the other side of that trade. Trend is negative. I think we will see breach of $50 before we go to new highs. I have a stop limit order to cover below my short price in case I am wrong.



To: Zeev Hed who wrote (1735)1/25/1999 4:41:00 PM
From: Stitch  Read Replies (1) | Respond to of 3069
 
Zeev,

<<I have a "mental" SL at 50.875, but I think that we have a better chance of making a new high then breaching the 50'.>>

I am not so sure. While VECO has had some decent announcements of late I think pending dilution is a problem. But I also think it may be an imperative for the board. Did VECO perhaps give away too many votes in the course of making their acquisitions last year?

Best,
Stitch


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