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Technology Stocks : Actel [ACTL]
ACTL 0.00010000.0%Nov 14 9:30 AM EST

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To: who wrote (36)1/25/1996 3:46:00 PM
From: Joseph wang   of 674
 
The modest jump this morning in ACTL so due to the upgrade
by Hancock. I think there is now some good support at 13 5/8.

Look at the volume!...investors may have took profits prematurely..
we'll see.

from talking to people, I think alot of it is concern about the
budget deal and the possible gov't shutdown and default.

I can see the stock reaching as high as 14 7/8 soon. I don't think
we'll see much decline in ACTL for a while.

Stephen, what kind of numbers are you getting for AD (Accum/Dist)
these few days (including today)? thanks.

-JW

btw, good jump yesterday on ALTR and XLNX...but I still think
PE ratios are a quite high. It will pull back some more tomorrow.
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