Altera Message Board - Msg: 14705851

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Technology Stocks : Altera

ALTR 53.61

+1.3%

Jul 7 5:00 PM EST

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To: James Hutton who wrote (2227)	11/1/2000 5:16:59 PM
From: Dan Spillane	Read Replies (1) of 2389

Hmmm I am looking at the growth drivers next year. Definitely the 3G buildout pops up on the radar. Can't ignore that! Lots of chips. I guess I see a little past where the analysts are looking--which seems to be in the rear-view mirror. You are right it is possible that sales will slow down significantly, but it seems like speculation at this point based on the demand factors coming up. Said another way, if everyone is expecting a downturn, it seems like a good time to buy considering there are demand factors which no one is talking about. Anytime you are talking about a stock which is trading at a major discount to the PEG, you've got to have hard evidence why the future looks poor and I don't see it here. 12 percent sequential growth isn't bad for Altera nor Xilinx.

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