SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Veeco Instruments-Who? -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (1758)1/28/1999 11:51:00 AM
From: Donald B. Fuller  Read Replies (1) | Respond to of 3069
 
Hi Zeev,

>>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.>>

I like your interpretation better than mine - I hope you're right. I don't mind at all the shares being issued that will bring cold, hard cash to their coffers. I think they are building a powerful menu of tech infrastructure for dd manufacturing - the dominant such infrastructure - and will invest fresh $$ wisely to build this further.

Still though, their shares seem a little "tired" right now - possibly secondary to others perceiving, perhaps incorrectly as I may have, deleterious effects of their secondary offering?

Don