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


To: nealm who wrote (1602)3/20/1998 10:53:00 AM
From: joe smith  Read Replies (1) | Respond to of 2389
 
nealm,
im back again. this is the same thing that happened last week. upgraded with big volume. it opened up 2 1/2 and sold off on heavy vol again. big guys are getting out big time. im far from an expert, but i think we will have a warning from altr or xlnx or both next week. these are headed to lower thirties again within a month. altr will see 50 again. i just dont think it will happen until we see lower thirties first. i would advise the buying of some puts to protect your position. there have been so many warnings in semi area. i just don't think altr and xlnx are immune to their industry problems.
js



To: nealm who wrote (1602)3/20/1998 11:01:00 AM
From: Iris Shih  Read Replies (1) | Respond to of 2389
 
Nealm,

Do you know what's the time frame for MS's upgrade? Longer term I believe altr, xlnx are strong buys. But with the warning of DS, it's very interesting to know what's the rationale behind MS's upgrade this morning. Does someone know the reasons behind MS's upgrade?
Thanks.

IRis