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Technology Stocks : Alliance Semiconductor

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Jul 10 5:00 PM EST

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To: AJ Berger who wrote (5552)	7/25/1999 1:14:00 PM
From: Ken Muller	Read Replies (1) of 9582

Al: <<that they would take advantage of their industry recovery>> There has been no industry recovery in 1999 in the low density commodity memory business. Margins are still horrible. Best estimates right now for recovery is after Rambus requirements kick in, 2nd quarter 2000. Pay attention to the upcoming Chartered Semi IPO scheduled later this year. That will get plenty of hype. Ken

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