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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

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To: DJBEINO who wrote (8316)8/31/2000 6:42:24 PM
From: Ram Seetharaman   of 9582
 
The Reddys won't pump $ 75 million in this unless they see it returning much more. The other good indication out of this is - despite pricks like the Solomon Smith and "Blarney" analyst Joseph who seem to think the semi/chip cycle has peaked - why would industry veterans like the Reddys put in this much money in Tower if the cycle has peaked and we are heading downward?

So ALSC has ways to go before it peaks!
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