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

To: Tom Todd who wrote (1607)	3/20/1998 6:55:00 PM
From: Thomas G. Busillo	Respond to of 2389

Tom, looks like Edelstone went to "Strong Buy" on all three of the major PLD players. The Spencer Clarke upgrade on ALTR sort of makes me think it was ALTR doing the talking, but who knows? If they were, I hope one of these guys had the sense to ask "fine, you're shipping product to distributors, but how do we know you're not going to get stuck with the same kind of channel inventory problems you've had in the past..." As far as Edelstone pulling this type of move on triple-witching, the proof will be in the pudding. If one of his upgrades blows up on a warning, the guy ends up looking like a major rat. I would think he realizes that. But it is interesting to see ALTR closing below its close on 3/6, when he moved it up to an outperform from a neutral. Good trading, Tom