Altera Message Board - Msg: 2319621

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Technology Stocks : Altera

ALTR 53.61

+1.3%

Jul 7 5:00 PM EST

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To: slob who wrote (1300)	9/30/1997 6:45:00 PM
From: Eugene M O'Donnell	of 2389

Slob, Very soon the rest of the market will agree with you. Earnings will probably be a big downer, since ALTR must really be in trouble if they have issued a pre-earnings warning. They have never done this in my memory, despite some recent (1 to 2 years ago) inventory problems which bashed the hell out of their price. I am looking at 25 to 30 as an entry point after some real bashing after the earnings. If it never happens, then I will look elswhere. Watch to see when earnings are planned to be released. I think it should be before XLNX on the 16th. If not, it is trouble since ALTR almost always precedes XLNX. Good luck, GENE

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