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Technology Stocks : WDC/Sandisk Corporation
WDC 250.32-10.1%3:59 PM EST

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To: Rocky Reid who wrote (15445)10/10/2000 11:52:17 AM
From: Ausdauer  Read Replies (4) of 60323
 
Altera and Xilinx downgraded today.

SMH down nearly 10% as a result.


siliconinvestor.com

SSB and Lehman Bros. totally ax ALTR and XLNX

Stock of Altera tumbled almost 30 percent, or $12-3/16, to $29-11/16,
while Xilinx shed almost 30 percent, or $23-9/16, at $55-9/16 in heavy trading.


As far as I am concerned, Q3 earnings can't come soon enough.

I am encouraged that the Israel Finance Ministry is going ahead with loans to Tower Semiconductor. It is unfortunate that the violent clashes go on in the Middle East. Seems like every time things start looking good that trouble is right around the corner.

Ausdauer
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