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Technology Stocks : FSII - The Worst is Over?

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To: Kent Sarikaya who wrote (1623)12/2/1997 8:45:00 PM
From: Joe Dancy  Read Replies (1) of 2754
 
Merrill Lynch analyst Tom Kurlak is known for making very quick calls - then reversing them just as quickly - at least according to some other analysts in the industry. That was a big knock on him in a recent WSJ article. I don't put too much weight in what he says regarding the short term.

A number of analysts downgraded Altera today - after earnings warnings by several companies. I think, as usual, the horse is already out of the barn. When FSII hits $30 they will all yell "strong buy".

Best - Joe
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