Big Orders Coming For LED Plays Veeco (VECO) & Aixtron (AIXG)?

According to Notable Calls, UBS is expecting a big order for both Veeco Instruments (VECO) and Aixtron (AIXG) from Chinese LED manufacturer Elec-Tech based on discussions with industry contacts.  It looks like from the post that the orders would be placed this quarter, but not ship and be recognized as revenue until sometime next year.  Still just a rumor at this point, but great news if true.  UBS reiterates its Buy rating on both companies.

Shares of AIXG aren’t moving at all on the news and actually down nearly 2% and failing at resistance around the 200 daily moving average while shares of VECO are up about 6% and continue to work on the right side of a new base.

===> Click Here For A Veeco Instruments Analysis

===> Click Here For An Aixtron Analysis

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