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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: Arthur Radley who wrote (9573)	11/3/2003 3:45:52 PM
From: Jibacoa	of 9582

As I said back then, The R/R at this level looks favorable. It needs to close above 4 to start moving, but it seems it should be able to make it to the 7 level before year end. (That would be a 100% gain from present levels.<g>) Now at 8.07 it may take a little longer to double again.<g> The next earnings report for the 3rd Q (ending in December) should compare favorably to the data from the previous year, when they reported a loss of $1.21/share, but they will probably still will end the year in March with a loss around $0.60 per/share. At the present price its is getting a little out of my buying range.<g> I still have a small position, but already took main profits. Bernard

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