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

To: Zeev Hed who wrote (1892)	2/19/1999 12:36:00 PM
From: Mark Ivan	Read Replies (1) \| Respond to of 3069

Zeev, If VECO is going to 52, it has one heck of a start. Did you jump back in today, or are you still not convinced. Me, I will have to unload a bit if we make the 50's, or I may just sell the Mar 50's if we seem to be having trouble in that area. I am a bit overloaded in VECO, but selling the mutual funds has raised some cash. Should have sold those funds today..... I am not in as good of position as you on RMBS. I tried to buy at 61 this morning, but had 0% hope of getting it. I knew there'd be a gap up, so I pulled my order after the open. I didn't want it on the way back down. IF it does fly high, quickly, I also will sell if my short call becomes deep enuf in the money to lose all time value. That would probably take at least a 80-85 share price. I agree with you, RMBS has dropped hard and I don't think the shorters are going to let it get back up to lofty levels. I may join those shorters if things get too rosy...my scars are about healed. MArk