If the speakers don't have proprietary connectors, then I don't think it would be a problem. If you aren't sure of the Altec's impedance you may want to make an effort to find out. If the impedance is too low it may not work well with the Onkyo. It may be printed on speakers somewhere, but I would guess the impedance to be in the range of 4 ohms - 8 ohms. 6 ohms is pretty common and would likely be fine, but 4 ohms might make the Onkyo struggle at higher output.
So the impedance (ohms) is really all i need to look for? Well i found the specs on the internet and it said that the satellite's are all 8 ohms which, if i am correct, is what the onkyo is too.
Thank you, hopefully i will be getting some kind of onkyo, atleast the 605, and connecting them to my altec lansing until i get my polk audio speakers.
Edit: So would an onkyo receiver help my sound at all? From what i understand, the amplifier in my altec lansing sub only powers the speakers, but the onkyo has onboard audio decorders, so there has to be some sort of change. am i wrong?