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

To: Andreas Wappelt who wrote (1428)12/5/1997 11:36:00 PM
From: John Ritter  Read Replies (1) | Respond to of 2389
 
Andy,

Look at ASND today, rumors on takeover big retail volume (check thread). A lot of individuals follow ASND and jumped on the stock.
The chart gives the impression of significant upside. ALTR is not so well followed perhaps and numbers are more important to institutional buyers using our mutual funds monies (thank goodness).

These chip stocks are not especially exciting.

John



To: Andreas Wappelt who wrote (1428)12/6/1997 6:36:00 AM
From: kas1  Read Replies (1) | Respond to of 2389
 
since altr is not really a stock bought by individuals, a recovery will take a bit longer. i don't think it's attractive to the contrarian funds, so we just have to wait for someone somewhere to upgrade it or say that they are buying it, and watch all the institutionals start getting back into their positions. sell low, buy high: the life of a fund manager.


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