Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zeev Hed who wrote (1931)	3/1/1999 9:52:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 3069

My current scenario if for the next two days to be mixed, with a turn down after Wednesday. I don't see much risk of a major meltdown right now due to end of month buying, and we may even see some form of weak rally. As for the semis, unless the computer stocks show strength, I think the semis and semi equipment stocks can't recover too far. I missed the VECO rally today except with my existing position (I bailed out of most of my holdings at 44), but did catch some AMAT at 55, and both my MU and CPQ shorts fared well. I would like to point out that after the close, yet another computer maker warning of weak sales this quarter (MUEI). They are a minor player, and it may not affect the market, but it can't help. On the other hand I don't expect a repeat of what happened after CPQ warned. I do note that GLOBEX is up quite a bit right now. Carl