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

To: A. Edwards who wrote (1820)7/7/1998 4:00:00 PM
From: cecil  Read Replies (1) | Respond to of 2389
 
I guess the sky isnt falling yet !

As of 11:30 this morning, only 103,000 shares
had traded. It appears the big money was in a holding
pattern and liked what they heard this afternoon.

I would suspect it is related to MOT, but wouldn't be
surprised if the reaction was to ALTR whispers ?
By now, 4,000,000 shares have traded.



To: A. Edwards who wrote (1820)7/7/1998 4:25:00 PM
From: A. Edwards  Respond to of 2389
 
H&Q made positive comments:

Late afternoon session, there was somewhat of a role reversal as blue chips came under selling pressure while the tech sector rallied off of its lows, paced by a notable resurgence in the chip stocks-- a rebound attributed to positive comments made by a Hambrecht & Quist analyst with respect to earnings prospects for programmable logic chip maker, Altera (ALTR +4 1/16)...


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