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


To: Denice who wrote (1853)2/16/1999 10:37:00 PM
From: Carl R.  Respond to of 3069
 
Hi Denice. <G>

Globex futures are ugly right now, implying a really weak opening tomorrow for technology stocks:
cme.com

On the other hand, as I write, asian markets are still reasonably strong, so things may look better by morning.

I have not added any to my position recently, but am still considering it.

Good luck,

Carl



To: Denice who wrote (1853)2/17/1999 8:04:00 AM
From: Mark Ivan  Read Replies (1) | Respond to of 3069
 
Denice,

Actually, as I was putting my 4 mo old to bed last nite, he said "ga ga agooo ga, sell veco, ga ga agoo". But my 2 1/2 yr old said "Keep buying daddy.. use my college fund" (VBG)

I actually tried to log in and sell one lot of VECO at 10 AM yesterday. I was going to sell the lot I got at 44 3/4 and put a buy back in at the same price. Of course, Schwab's web site was non-responsive as it usually is when I need it. The other 99% of the time is is up and running when I want to do that important stuff such as check my balance. Hey, what are expensive commissions for. :-)

At any rate, I will sell that lot this morning at a small loss along with a few other stocks to raise some cash. I think we may be heading for the dumpster here. I will hold the portions I have calls out on, just incase I am wrong. Basically, I am trying to go to 50% cash here without taking any losses so I am set either way the market turns.

Good luck

Mark