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Technology Stocks : Actel [ACTL]
ACTL 0.00010000.0%Jul 16 9:30 AM EST

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To: Robin who wrote (288)7/16/1996 2:25:00 AM
From: Joseph wang   of 674
 
I think ALTR already warned of lower earnings (?) correct me if I
am wrong.

Everyone is waiting on INTC.

The ultimate support level for ACTL is at 8 5/8. That level will be tested if the market crashes.

I believe fear of rising interest rates and disinterest (fear) in
tech. (margin pressure too) will send ACTL tumbling tomorrow and
perhaps for the rest of week.

Market will rebound when NASDAQ hits the 930's.

It doesn't look good. I think Michael Burke may be correct in his
analysis....see ATML discussion.

My advice? raise cash now to buy ACTL (and the few other good
semi stocks out there).
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