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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 (5474)7/23/1999 10:47:00 AM
From: Peace  Read Replies (2) of 9582
 
Ram,

I will probably buy some more at these levels. I don't like the management, however, I keep getting attracted by the valuation. They should strongly consider selling all or part of their BRCM stake and institute a substantial share buyback program. At the current valuation the best investment for the company is to buy back their own shares.
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