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


To: James Petersen who wrote (1672)4/7/1998 9:21:00 AM
From: IncredibleHult  Read Replies (2) | Respond to of 2389
 
Here's a view of Altera's earnings.

ALTERA*#:

Altera has maintained its relatively flat sequential business guidance
during the course of the quarter, but the first quarter estimate range is
wider than normal. Our estimate is at the consensus. Since there appears
to be little chance for a major earnings disappointment in first quarter
results, it will probably be more important what the company says regarding
the second quarter outlook than what is reported for the first quarter. We
believe there is a reasonable chance that the company can resume sequential
growth in the second quarter of 1998. We rate the stock 1H (Buy, High
Risk).