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


To: Carl R. who wrote (2004)3/30/1999 10:41:00 PM
From: Zeev Hed  Respond to of 3069
 
Ya, and had my crow for dinner, I did not think it would actually close above 10,000 until the second half. For the next week we still have liquidity battling excess valuation and it will be zigzaging, IMHO, but the trend of more stocks is down than those that are still up, and if we get the relapse I expect will show itself soon, I fear VECO will follow. Note that the secondary DD's are getting perilously close to making new 52 weeks low. As go the DD's goes VECO, until the SOX goes, then VECO follows the SOX. I am holding to the position that we will see prices under $30 before we see prices above $40 (marginal, namely a point or two on the outside). So far, it did follow the no more than $40 (few trades at $40.5 during the DCB last week).

Zeev




To: Carl R. who wrote (2004)3/31/1999 3:36:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 3069
 
Carl, did you see what happened to ETEC this morning, that is what I expect to see more and more over then next two months.

Zeev