SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Woody_Nickels who wrote (5442)7/22/1999 5:58:00 PM
From: Charles R   of 9582
 
Ken,

<$1.27 - $1.22(BRCM) - $.04(Chartered) = $.01 real earnings>

Actually, they lost money on operations. If one were to be benovolent, one could add income from JV and that would make it slightly profitable.

Here is what bothers me: The management is clearly showing poor judgement by muddying up the numbers and trying to hide behind one time profits.

I did not think anyone could lose money in SRAM business this Q, I was clearly mistaken. The book value will ensure the stockholder will not lose much money tomorrow but that is about all that I can think of that is positive.

What I would like to understand is how they plan to improve on operations going forward. May be listening to the conf call will give some idea. If anyone has the number, please feel free to post it to the thread.

My 2 cents.

Chuck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext