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

To: Ed Robichaud who wrote (1726)5/30/1998 8:11:00 AM
From: uu  Respond to of 2389
 
Ed:

> 2nd hand sources close to XLNX show Xilinx is going to pre-announce next week disappointing earnings for this quarter and next.

Well, now it explains why the sudden drop in XLNX and ALTR on Friday! Exactly who are these "second hand sources" and what if they end up being wrong?! Wont they (the so called "second hand sources") all feel like a bunch of jack-ass?!

Regards,

Addi Jamshidi



To: Ed Robichaud who wrote (1726)6/1/1998 11:54:00 AM
From: Doug  Read Replies (1) | Respond to of 2389
 
E.R: Traditionally, the PLD/FPGA Industry moves in synchro with the SOX. Historically ALTR's price has shown some correlation with the short volume. This volume is currently near peak. The S.I volume usually decreases to a minimum when the price of ALTR is at its low.

I believe this is yet to happen. We should hit that bottom by end July. Till then the current moves may well represent trading opportunities only.


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