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


To: w2j2 who wrote (1400)12/2/1997 10:26:00 PM
From: Maverick  Respond to of 2389
 
Altera was downgraded by Morgan Stanley, Dean Witter, Volpe Brown, ABN
Amro, and Merrill Lynch.



To: w2j2 who wrote (1400)12/3/1997 8:34:00 AM
From: Thomas G. Busillo  Respond to of 2389
 
Walter, you're right. There's something very fishy about Monday's gains coming right before ALTR blows up.

Of the 80 large/mid cap tech stocks I track, on Monday XLNX was #1 in terms of % increase (+17%) and ALTR #3 (+10.4%)...

...and yesterday ALTR was dead last (-21.2%) and XLNX next to last (-16.1%).

IMHO, that's fishy.

Good trading,

Tom