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Technology Stocks : Altera -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (2342)	1/30/2006 8:01:32 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 2389

Two Picks In Semiconductors Sub-Industry Maya Roney, 01.30.06, 4:35 PM ET Standard & Poor's Equity Research analyst Tom Smith upgraded his view of the semiconductors sub-industry to "positive" from "neutral" after a strong fourth-quarter. "We project the present semiconductor sub-industry expansion to continue into 2007," wrote Smith in a research note Monday. Fourth-quarter 2005 results from chipmakers described a pattern of moderately strong demand for chips, lean inventories, plant utilization running high, and occasional upward pricing ability for chips with the exception of commodity memory, the analyst reported. Smith raised his estimate for 2006 worldwide semiconductor sales in dollars to 12% from 9%. S&P Equity Research's top picks include programmable logic maker Altera (nasdaq: ALTR - news - people ) and analog maker Semtech (nasdaq: SMTC - news - people ), both rated "strong buy."

To: Cary Salsberg who wrote (2342)	3/15/2006 8:55:26 AM
From: Proud_Infidel	Respond to of 2389

Altera Board Adopts Majority Vote Standard for Election of Directors Wednesday March 15, 8:00 am ET SAN JOSE, Calif., March 15 /PRNewswire-FirstCall/ -- Altera Corporation (Nasdaq: ALTR - News) today announced that its board of directors voted on March 13 to amend the company's bylaws to provide that directors will be elected by a majority of the votes cast at a meeting of stockholders. Under this majority vote standard, a director who does not receive a majority of the votes cast will tender his or her resignation to the board of directors, and the nominating and governance committee will make a recommendation to the board of directors as to whether to accept or reject the resignation. The board of directors will act on the nominating and governance committee's recommendation and publicly disclose its decision and the reasons for it within 90 days from the date that the election results are certified. The director who tenders his or her resignation will not participate in the board's decision. In the case of a contested election, directors will be elected by a plurality of the votes cast at a meeting of stockholders. About Altera Altera Corporation is the world's pioneer in system-on-a-programmable-chip (SOPC) solutions. Combining programmable logic technology with software tools, intellectual property and technical services, Altera provides high-value programmable solutions to approximately 14,000 customers worldwide. More information is available at www.altera.com. NOTE: Altera, The Programmable Solutions Company, the stylized Altera logo, specific device designations and all other words that are identified as trademarks and/or service marks are, unless noted otherwise, the trademarks and service marks of Altera Corporation in the U.S. and other countries. All other product or service names are the property of their respective holder. -------------------------------------------------------------------------------- Source: Altera Corporation

To: Cary Salsberg who wrote (2342)	4/27/2006 8:07:36 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 2389

UPDATE 1-Altera quarterly net falls, sales at low end Thu Apr 27, 2006 5:17 PM ET (Recasts lead paragraph, adds details, stock action) SAN FRANCISCO, April 27 (Reuters) - Altera Corp. (ALTR.O: Quote, Profile, Research), a maker of programmable logic devices, on Thursday posted an 8 percent drop in profit on sales that were at the weak end of previously lowered expectations. UPDATE 1-Altera quarterly net falls, sales at low end Altera quarterly net falls Net income for the first quarter, which included stock- based compensation expenses, fell to $58.7 million, or 16 cents per diluted share, from the year earlier quarter's $63.8 million, or 17 cents per diluted share. Wall Street was looking for a net profit, on average, of 16 cents per share, according to Reuters Estimates. Revenue grew a disappointing 4 percent to $292.8 million. Analysts had been looking for revenue, on average, of $297.7 million. Growth forecasts ranged from 11 percent to 14 percent, according to Reuters Estimates. In January, the company cut its outlook, saying it expected revenue growth of 4 percent to 7 percent during the first quarter compared with the fourth quarter ended in December 2005. It reaffirmed this outlook in early March. Ahead of the report, Altera shares had gained 22 cents, or 1 percent to close at $21.61 on Nasdaq. The shares fell 1.4 percent to $21.30 in extended hours trading. © Reuters 2006. All Rights Reserved.