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

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To: AJ Berger who wrote (5259)7/6/1999 3:35:00 AM
From: Madharry  Read Replies (2) of 9582
 
There are 41.6MM shares of ALSC. Taiwan transaction adds about $500MM to book at todays prices. Prior book per yahoo was $4.62 I believe.

So before allowing for deferred taxes you are looking at a new book of around $17 (500/41.6 + 4.62)without taking into account Broadcom shares. This of course does not take into account value of new products and upturn in industry.

Now I wonder if the company could distribute the UMCC shares to ALSC stockholders on a tax free basis after the lockout expires?
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