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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: Ram Seetharaman who wrote (5159)6/26/1999 4:37:00 PM
From: Woody_Nickels  Read Replies (2) of 9582
 
Ram, If earnings are good in July we should see $12. If earnings are
good in October we should see $15. If earnings are good in January
... (look at a 5 yr chart and see another resistance around $27)
I thought momentum would carry us to $12 last week, but Fed/bond
worries capped the rally. After the FOMC announcement, good earnings
should roll in an propel us higher.
There is no hurry. A nice orderly advance to new highs is OK with
me!-)
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