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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (21411)	10/16/2000 8:19:31 PM
From: Galirayo	Read Replies (1) \| Respond to of 29382

[ Book to Bill ] It all boils down to this. Chips are back logged. So are many HiTechs. The Street will figure it out soon. ... after the Big Boyz have accumulated. Ray EDIT: Thanks Ken .. The Ribs were ... MMMmmmmmmmm ..... I modified the Menphis in May #1 Winner Recipe. I'll post it for Ya'll.

To: Sergio H who wrote (21411)	10/16/2000 8:27:05 PM
From: Ken W	Read Replies (2) \| Respond to of 29382

Sergio, ALTR reported after the bell also: SAN FRANCISCO (Reuters) - Specialty chipmaker Altera Corp. (NasdaqNM:ALTR - news) on Monday reported third-quarter earnings that matched expectations but the stock fell in after-hours trading as sales growth wasn't as strong as some investors had been expecting. The company said net income more than doubled to $118.0 million, or 28 cents a share, from $55.6 million, or 13 cents, a year ago. Sales rose to $395.4 million from $215.1 million. The results matched analyst estimates of 28 cents a share, according to First Call/Thomson Financial. Altera said that the 16 percent rise in sales from the second quarter during what is typically a seasonally slow period reflected ``the very solid business conditions we see in our end markets.'' Even so, the stock tumbled to $31-13/16 from a regular close of $34-7/8 as sales growth from the second quarter wasn't as strong as those of other chipmakers, such as PMC-Sierra Corp. Investors have been increasingly harsh on high-technology companies -- both large and small -- when their sales come in lower than expected. I see what you mean about playing the chips after earnings. 100% increase yr over yr is not enough for "investors"? Jeez, give me a break...ALTR should be a good trader for tomorrow. Ken