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Technology Stocks : Actel [ACTL]
ACTL 0.00010000.0%Jul 16 9:30 AM EST
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To: Tom Todd who wrote (660)8/3/1999 3:28:00 PM
From: William Grady  Read Replies (2) of 674
 
I agree, I'm watching Altera; we are getting close to September which has been a pretty bad month for high tech stocks in recent years. Also the situation between China and Taiwan may pull down Altera stock if we have a repeat of what happened in 1996. The following 5 year chart of Altera vs Xilinx shows how closely the stocks follow each other and you can see the weakness in Altera stock during 1996 tensions between China, Taiwan, and the U.S. I haven't kept up on this but at the time the drop in Altera, it was attributed to a lot of their chips being made in Taiwan while Xilinx's were made in Japan by Seiko. Tom do you know if this is still the case? Also is Cisco still Altera's largest customer and do you have any idea how much they buy from Xilinx compared to Altera?

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