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News Breaks
November 18, 2009
15:12 EDTALTR
theflyonthewall.com: Altera plans broad build-out in the communication segments
At its Financial Analyst Conference, Altera (ALTR) noted that it sees the telecom and wireless industries holding the largest potential for growth in the next three to five years. Video traffic and cloud computing continue to drive needs for more bandwidth in the telecom space. In wireless, China and India’s 3G licensing are driving growth. Although the military and automotive industries represent smaller areas of growth, Altera feels they will develop faster than the rest. In FY10 the company expects gross margins of 67%-68% and R&D expenses of $257M. :theflyonthewall.com



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February 13, 2012
10:42 EDTALTR
theflyonthewall.com: Altera breaks below support at its 200-day MA, support now at $37.98
:theflyonthewall.com