Altera Message Board - Msg: 2289699

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Technology Stocks : Altera

ALTR 53.61

+1.3%

Jul 7 5:00 PM EST

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To: Jazz102 who wrote (1299)	9/26/1997 3:42:00 PM
From: slob	of 2389

All, Can anyone explain to me why ALTR is worth $55/share. I have been trying to justify the valuation by looking at it using every stock valuation method that I know. The very best that I came up with was a price of $22. All other methods had me at under $15/share. I'm interested in spicing up my portfolio with some high fliers but I keep finding them to be far to highly priced for me to even get interested in. What pisses me off is that they go up from the point where I considered them to be very overvalued. Yet most of my value plays just sit there and do nothing. I need to learn from some of you experts. slob

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