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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 686.19

-0.5%

Feb 4 4:00 PM EST

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To: Johnny Canuck who wrote (32572)	6/1/2001 2:23:05 AM
From: Johnny Canuck	Read Replies (1) of 70476

Altera (ALTR) 24 +0.75: -- Update -- Company says the ratio of incoming orders to resales has improved somewhat in the past several weeks, the overall ratio remains below 1.0. Despite the reduced revenue outlook, inventories at Altera and its distributors will decline in the quarter. ALTR 23.34 -0.66, XLNX 40.85 -0.40 after hours. Altera (ALTR) 24 +0.75: Company warns; sees Q2 revenues down 25% sequentially versus earlier guidance of a 20% decline. North American results were in line with expectations, but declines in the company's international channels are greater than anticipated; see press release.

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