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

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To: tom who wrote (295)7/18/1996 1:11:00 AM
From: Tom Todd   of 674
 
ALTERA came with $.52 vs street consensus of $.49, and sounded less uncertain about the next quarter than did Xilinx a week ago... I supect this means no negative bounce on Actel, making first buy tomorrow morning a good time.

Just a reminder, consensus earnings estimates for Actel is $.17 and there is no range on that number (basically all analysts reporting to First Call say $.17). I'd say that Actel have given good guidance and will meet the number, possibly beat it by a penny... Third quarter visibility is said to be better than what either Xilinx or Altera said, though who knows what they will say in their conference call.

Good luck...

-tt
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