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


To: A. Edwards who wrote (1904)10/15/1998 11:21:00 AM
From: A. Edwards  Respond to of 2389
 
Lehman Brothers believes company threshold of returning to a growth rate that could ultimately equal 30% annually. Raises Q4 view from $0.39 to $0.42 and increases FY99 estimate from $1.52 to $1.57; reiterates "buy" rating and $50 price target. Last night, the programmable logic chip maker reported Q3 net of programmable logic integrated circuits posts a Q3 net of $0.40 a share, two cents ahead of the First Call estimate.