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


To: kas1 who wrote (1431)12/6/1997 8:55:00 AM
From: Andreas Wappelt  Read Replies (3) | Respond to of 2389
 
Hmmm,

look at the chart: there is almost everytime
a partial recovery within one week, and
nearly a full recovery after ~4 weeks.
Even in July '97 when ALTR was hitten hard,
it recovers within one month.
I don't see any serious fundamental problems
which could prevent a recovery this time.
Besides: It was upgraded yesterday, unfortunately
nobody cares as the broker seems to be unknown.

I will NOT give any buy recommendation, since the
market often uses me as a contra-indicator ;-)

Andy