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

To: B.G. Mayers who wrote (1741)	1/26/1999 9:20:00 AM
From: Carl R.	Respond to of 3069

I'd guess that they'll buy someone. Carl

To: B.G. Mayers who wrote (1741)	1/26/1999 9:35:00 AM
From: Stitch	Respond to of 3069

Bernie; <<If they were to buy another company.... which area or which one? Put your analytical hats on!>> Any answer would be extremely speculative, regardless of the hat you wear. But I have always thought Zygo did well to acquire an automation company and think VECO could benefit from one as well. The question is whether it makes more sense to broaden the line or take a competitor out. Each path has arguable merits. Further I would guess that it would likely not be an investable company. There are many small test equipment and automation companies that are privately held. In their own geographical backyard both Zygo and ADE presently have lagging valuations. Best, Stitch

To: B.G. Mayers who wrote (1741)	1/26/1999 9:57:00 AM
From: Carl R.	Respond to of 3069

My guess is that they'll buy someone. I agree with Stich that there are a lot of different ways they could go. I would think ADEX would be more likely that ZIGO, but either could probably be purchased with stock. Since VECO is trying to raise cash, my guess is that they want to buy a privately held company where the sellers want some currency in their hands in addition to stock. Another direction they could go is more into semi metrology with a company like NANO or Thermawave. One thing is for sure, though. At this point in the cycle there are a lot of smaller companies that are hurting. VECO has a high stock price, and they know how to buy other companies, so I expect at least one acquisition, perhaps more. Carl