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Technology Stocks : Altera
ALTR 53.61+1.3%Jul 7 5:00 PM EST

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To: Andy Chen who wrote (443)9/7/1997 4:25:00 PM
From: Robin   of 2389
 
Hi Andy,
I am moving our discussion on ALTR to here from intel so we don't fill the intel thread with altr issues.

My estimates is showing that for this quarter they should be making around 0.39 and for the next quarter 0.42, they must make 0.42 otherwise may god be with them.

in 1996 they made: 0.34, 0.27, 0.27, 0.31 = 1.19 (stock range 13-37)
in 1997 they make: 0.35, 0.40, 0.39, 0.42 = 1.56 (stock range 25-65)

I feel we will have better chances to make money on this stock going short than going long but the question is when is the best time to go short?

what is your thoughts?
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