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


To: Donald B. Fuller who wrote (1757)1/28/1999 11:41:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 3069
 
Don, I think you are wrong about those 2/3, these will not dilute their earnings, these are shares already in the count (issued in acquisitions, I believe), only the 1/3 is new shares issued by the company. At most it will increase the float, but I do not think the float is excessive, the dilution by 1.3 MM new shares is insignificant when sold in the $55 to $60 range, IMHO.

Zeev