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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 (5342)7/11/1999 11:51:00 PM
From: Madharry  Read Replies (2) of 9582
 
Oddly enough there were few people on this thread when the stock was selling in the 3s. No-one wanted it then, certainly not wall street despite the apparent value . Now that is around 11, people are questioning whether there is any value left and feel that perhaps they are too late to invest. I believe the stock is worth 20 easy and perhaps more because I expect BRCM and UMC to appreciate in value over the next two years, and if ALSC's new products take-off things will be even better. My only regret is that I tooks some profits off the table at 6, just before they announced the purchase of the foundry investment in exchange for shares. Needless to say I plan on holding ALSC for quite awhile until the market starts to reflect its true value, cause I see the upside as heavily outweighting the downside here.
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