What is driving ALSC?
1-Investments
Company # of shares stock price Value
BRCM 538,961 137 1/32 $73,854,499.53
USC 247,700,000 $67.50 $517,575,222.88
USI 35,600,000 $67.50 $74,387,072.81
add money from umc $20,585,685.98 (from previous sale-35m shares)
total $686,402,481.21
# of shares $41,608,582.00 (per latest 10-q)
alsc is worth $16.50 (BRCM+USC+USI only)
ALSC invested in Chartered = $51,596,000 (add 1 3/4 to ALSC),
They are talking about an IPO later this year. This investment
could triple.
2- SRAM market is booming and in shortage
3- The networking market because of the internet is booming,
hence the new product that ALSC introduced should do very good.
4- DRAM market for 64M is in a slump, the 16M (which ALSC
participate in-big time)are in high demand and for a premium.
5- Asia's markets are back with an upturn in the semiconductor
cycle-ALSC sells most of its products in ASIA
6-LOOK at the Consensus Estimates:http://biz.yahoo.com/z/a/a/alsc.html
This Year (Mar 00) 0.20
Next Year (Mar 01) 0.71
ALSC @11 9/16 is a bargain at these prices
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