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Technology Stocks : Actel [ACTL]
ACTL 0.00010000.0%Nov 7 9:30 AM EST
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To: William Grady who wrote (502)2/11/1998 9:00:00 PM
From: Larry J.   of 674
 
OT: William,

I have to laugh, as I wish all my mistakes work out as well as the COMS seem's to be so far.

Actel is holding well. As we've discussed I think the downside is limited. My concern though is that semi growth overall for '98 is being slashed. Did you see the San Jose Mercury on Monday report that Dataquest reduced growth forecast to something like 7% from 17%. This may leave ACTL and other semi's and equipment co's. trading sideways until the next quarter' s earnings prove that they can grow revenue and marketshare at a rate substantially greater than the industry on the whole (which IMO they will). It's hard to pick a winner in a sector that is falling out of favor.

Networkers on the other hand seem to be gaining favor / momentum after a long painful slump. I want to add more CS.

Regards,

Larry
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