In the dogone tech. selloff market desert, ALSC continues to be the oasis! Hope it helps the other small caps! This was the worst of the quarters - the next two quarters will be even better - $ 30, here I come again!
Market Pulse
Last Update: 7:22 AM ET Sep 26, 2000:
Tuesday, September 26, 2000
ALSC expects to beat ests.
--7:22 am - By Tomi Kilgore
Alliance Semiconductor (ALSC: news, msgs) said that it now expects fiscal second-quarter earnings in the range of 19 to 21 cents a share. The consensus Wall Street estimate was for earnings of 18 cents a share, according to First Call. Revenue is expected to be $60 million to $62 million, compared with $19.1 million in the year earlier period. "Bookings remain strong, with total backlog continuing to exceed $100 million," said N.D. Reddy, Alliance's chief executive. Reddy noted the non-PC market segments, the focus of Alliance's sales team, remained strong. |
