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

To: Zeev Hed who wrote (2009)	4/1/1999 8:05:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 3069

I agree, Zeev. Actually the "bullish" statements that AMAT made yesterday were slightly more conservative than my own projections, and I wonder how AMAT can move up much more from here. I still see strength until Monday (when I think we could see 10,000 again, or at least an attempt at it), but I am swiftly moving to cash. I used today's rally to unload some holdings at nice prices. I would like to make one point, here. Back in 1997 when AMAT saw the decline ending, they went on a shopping spree to buy other companies (metrology mostly), using up some cash in the process, which is a pretty strong statement that they have confidence in the future. They have as yet not parted with cash to make acquisitions this year, and neither has VECO. This to me shows evidence of uncertainty about the future. Carl