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


To: Iris Shih who wrote (1601)3/20/1998 9:04:00 AM
From: nealm  Read Replies (2) | Respond to of 2389
 
For those who follow:

3/20/98
Morgan Stanley upgrades from "outperform" to "strong buy"

While your waiting for $30-31, I'm waiting for $50s

neal



To: Iris Shih who wrote (1601)3/20/1998 12:15:00 PM
From: shane forbes  Respond to of 2389
 
Iris:

Altr is not in the same boat as DS. The problem is that every semiconductor company under the sun is warning these days. The question is therefore to wonder if we are going to get one of those tech wrecks that will provide you with a great buying price or whether things will continue to drift until one day the Street wakes up and realizes that the semis, in spite of Asia, will do alright. I just said 30-32 because that is where the insider buying in January was. There is some good support at around 37 I think.

Besides we had another strong buy today. Though the stock is not doing much at least at this time is not a good sign. Maybe by the end of the day we go above 40? Maybe not...

Shane.