Altera Message Board - Msg: 213947

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Technology Stocks : Altera

ALTR 53.61

+1.3%

Jul 7 5:00 PM EST

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To: Tom Todd who wrote (386)	8/8/1996 11:45:00 PM
From: Andy Chen	of 2389

your caution is well taken care of. and, thanks for the comments. personally, i am hedging with covered calls. there is a very good chance altera will beat estimate this quarter. but, i believe, technically, the stock needs some consolidation before going higher. Asia is where most of the replacement will occur. internet is just getting popular over there this year. as a matter of fact, asian cpld sales are kicking in this quarter. we should see if the same thing happen with the European market by next quarter. long. but, hedged.

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