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

To: William L. Molair II who wrote (1902)	10/15/1998 12:42:00 AM
From: KLAW97	Respond to of 2389

In and out all day, I couldn't listen to the call

To: William L. Molair II who wrote (1902)	10/15/1998 8:50:00 AM
From: A. Edwards	Read Replies (1) \| Respond to of 2389

''It was a great quarter for them, and they have great momentum,'' said Hans Mosesmann, a Prudential Securities analyst. More than 60 percent of Altera's revenue comes from selling chips to the communications industry, where they're used in switches that help route calls and data. ALTR said sales to Europe rose 11 percent and North American sales rose 2 percent, compared to a 5 percent decline in Japanese revenue. ''This company is clearly the leader in programmable logic products, and they are beginning to see fantastic growth, even in this environment,'' Mosesmann said. Company has done a good job of navigating thru difficult waters. Stocks should build on yesterday's nice gain. Resistance can be found in the 43-45 range.......Briefing.com