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Author: dutchtickler Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 60  
Subject: Re: Thoughts on veco? Date: 2/28/2004 6:44 PM
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Does anyone even check this board?? I can't tell you how dissappointed I am in the Motley Fool communities. It seems like every stock I try to research here (aside from the ones tied to some Fool newsletter) have no active message boards.

Anyhow, now that I am done complaining, I want to reply to the original post by saying that I am particularly interested in this stock in relation to all of the nanosecurities. And this is from a complete layman's perspective, but what is really cool about Veeco is that they are producing the instrumentation for nano research.

What this mean to me is that no matter how many fly-by-night start-ups there are and no matter how many fail, these guys are going to make money. It seems to me like this is a safe way to speculate on nanotech.

It is like how Nordstroms was started. During the Klondike gold rush, Seattle was the final US stopping off point, and where everyone bought their equipment. Most of these people going north in search of riches came back with nothing but a worthless plot of land they had previously paid a fortune for.

Nordstrom was actually one of those guys, but realize quickly his fortune would never come from striking a gold vein. So he got smart and went to Seattle and started Nordstroms to equip the speculators. That is where he struck gold. There were thousands buying tools, but only a few making any money from their use.

Does this analogy fit Veeco? Nordstrom's success ultimately rested on his business acumen. It seems like Veeco is in the right place, the question is if management is up to the task.

ANyone else have any thoughts?
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