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

To: Zeev Hed who wrote (1842)	2/13/1999 4:07:00 PM
From: Mark Ivan	Read Replies (1) \| Respond to of 3069

Zeev, >> If the Maginot line at $44.5 does not hold, I would not be >> surprised to see the stock under $30 within three months. Unless the whole sector retreats, I find this unlikely. There is a ton of money on the sidelines waiting to pour back into the market. If a dog like Cymer can keep going up, people will throw money back into a consistant earnings factory such as VECO. I am protecting myself here by selling covered calls as I buy, so my losses are minimal, but not insignficant. You would think I would have learned my lesson buy looking at the knife scars on my hand from the Cymer drop. Oh well. I'll take my chances here for a bit longer. Heck, I mmay have caught "the knife" at 44 3/4. Mark