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


To: Lewis M. Carroll who wrote (1721)5/29/1998 3:47:00 PM
From: Stu  Read Replies (1) | Respond to of 2389
 
I couldn't find any news either. The whole sector was hit pretty bad. I'm waiting for something to come out at the end of the day. If I don't hear anything, then I'll probably just blame market jitters.

You're right about the urge to pick up more shares. I couldn't help myself and bought more ALTR the other day at 36.75. I limited myself to only a hundred shares though.

Who knows, maybe this all has something to do with Asia or Pakistan or interest rates. It doesn't seem to be anything fundamental about the companies. Maybe it's the weakness in INTC. Boy is that a bargain. If it hits 70, I'll definitely pick up a couple hundred shares of that.

Stu



To: Lewis M. Carroll who wrote (1721)5/29/1998 3:57:00 PM
From: Doug  Respond to of 2389
 
The sell off for the PLD and FPGA's has caught up . The Memory, chipset and Board Mfgrs were sold off earlier.

Would appreciate if someone would post the support level for ALTR. Is it around the 30 mark.?

Thx



To: Lewis M. Carroll who wrote (1721)6/1/1998 9:34:00 AM
From: nealm  Respond to of 2389
 
I think we might have a reply of January where fear of the future(with less earnings) is in play. The current prices are reasonable IMO but it might take several months to profit from them. There should be a bounce somewhere here shortly but I don't know when.

Personally it would be nice for some "analyst" to down grade ALTR so I can do even better.

Neal