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

To: Mark Ivan who wrote (1837)	2/12/1999 10:00:00 PM
From: Carl R.	Respond to of 3069

Yep. This is a good company, but I take it the market did not like all the insiders bailing out on that secondary. I look forwards to them announcing who they plan to acquire with that money (I expect either a combination stock/cash deal, or a stock deal with the cash used to pay off the debts of the acquisition, not a straight cash deal). I'd like to remind everyone that not so long ago VECO fell to 23 while AMAT shot up to 32. Not long afterwards VECO rose to 35 while AMAT held steady or fell. The market will eventually appreciate VECO again. In the last two years the market cap on VECO has risen about 12 fold. This is a company that knows how to grow, that manages acquisitions exceptionally well, can sell, and can control costs. If the stock price falls more, I'll buy more. Good luck, Carl