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


To: Howard Bennett who wrote (1473)1/7/1998 2:18:00 PM
From: Matthew  Respond to of 2389
 
Howard;

I think it is also suffering from Atmel earnings warning.
Altera is in a much better position in Asia than Atmel.
Atmel's customers are having trouble getting credit to
buy their parts - this is a problem because they lost
a key distributor that went belly up.

I think you will see a rebound in ALTERA - this selling is
very much overdone.

I am trying to write more puts today - looking for FEB 35 @ 4 1/4.

Regards



To: Howard Bennett who wrote (1473)1/7/1998 6:24:00 PM
From: Bald Man from Mars  Read Replies (2) | Respond to of 2389
 
<<BTW the SOX index is down 36% from it's highs.

Ouch...that's gotta hurt.>>

It is hurting like a s.o.b.