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

To: Carl R. who wrote (1897)2/21/1999 7:33:00 PM
From: Carl R.  Read Replies (2) | Respond to of 3069
 
I did a little research, and VECO was more likely to follow a big up move with an additional up move when preceded by a down day. Since the stock was also up on Thursday the chance of another up day is reduced to about 50% based on prior behavior. Since I think the stock is still undervalued relative to the sector, I think the chance is better than that.

Carl


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