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

To: Brian VanHiel who wrote (1453)	12/11/1997 2:45:00 PM
From: Liatris Spicata	Respond to of 2389

Brian- Free information is worth what you pay for it! However, there are some good low cost sources, IMO. Value Line, available in many government libraries, is an excellent source, although technologies are not its forte. WSJ on line give limited access to Zacks. But I for one don't have unlimited respect for analysts estimates, particularly in the technologies. Witness ORCL this week- I don't think a one of those $500,000+ a year analysts had a clue, or at least did not say so in public. After the announcement, they fell all over themselves issuing downgrades. From various sources I understand that analysts are not nearly so capable as they were 30 years ago. Today's hot shots simply listen to what the companies tell them, and do little in the way of independent research. It was not always that way, which is a shame. It leads me to the conclusion that I'm better off not getting too absorbed with daily fluctuations. Do your own research, and find companies you like. Try to buy 'em when they're cheap! I'd suggest you consider lengthening your time frame from months to years. Someday there is going to be something known as a bear market- most of the money in today's market is from people who don't really know what that is. But time is on your side- use the advantage you have. Hope this has helped. Good luck, Larry