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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: DJBEINO who wrote (5563)7/26/1999 1:27:00 PM
From: Ken Muller  Read Replies (2) of 9582
 
DJBEINO:

Price is starting to firm. I think the bottom was reached Friday. Amazing. It looks like folks were just looking for a place to sell.

As the hype of the Chartered Semi IPO starts making the rounds, the market will pay less and less attention to ALSC's memory business. The interest payments alone off their liquid assets will guarantee operating profits.
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