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


To: Stu who wrote (1410)12/3/1997 9:03:00 PM
From: kas1  Respond to of 2389
 
>I assure you that I lost more than my lunch

look at altr's long-term chart. peaks and valleys everywhere, see? you know what they say about "if you can't take the heat stay out of the kitchen." as a rule, investors are risk-averse; a security will sell for a significant discount to its "discounted intrinsic value" if the path from here to the realization of the value is a jagged one. hang tight and you will be rewarded. this one has tanked 50% or more in the past. have no fear and stock up on leaps if you've got the money. put your money in t-bills if you can't wait five years for a 10-bagger.