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

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To: yousef hashmi who wrote (1339)10/15/1997 6:08:00 PM
From: Wigglesworth   of 2389
 
Altera Corp trades up after the bell

NEW YORK, Oct 15 (Reuters) - Shares in Altera Corp rose to 52-1/2 in after-hours trade on Wednesday, above an unofficial close of 49-7/8, after releasing third quarter diluted earnings results two cents above analysts' projections, traders said.

Altera, which makes computer aided engineering development systems, posted diluted earnings per share of $0.40, compared with $0.26 for the year-earlier period.

First Call consensus figures showed analysts following the company expected earnings of $0.38 per share for the third quarter.
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