Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Kahn who wrote (48415)	2/22/1998 1:56:00 PM
From: Paul Engel	Respond to of 186894

Daniel - Re: "Are you still bullish on ALTR?" Yes but with a few caveats. Altera is doing great with new technologies and cost cutting. However, fo the third time in three years, they seem to get out of synch with their customers and inventory gluts occur. The current S.E. Asian problems represent another problem. So, at current pricing, ALtera is still attractive. Let's face it, at $39 (up from $27 but DOWN from $64) is still a nice purchase price. But keep in mind that they seem to be extremely sensitive to subtle business cycles as well as major business cycles. I have bought more in the $29 - $33 range early last month. Paul