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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

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To: Charles R who wrote (5622)7/29/1999 11:02:00 AM
From: stock talk  Read Replies (1) of 9582
 
I personally think its interesting that ALSC and SIII both own about the same amount of the Fab, and S3 is down a 1/4 while ALSC is flying, AHHHHH the power of CNBC. ALL of the good stuff is true about ALSC(& S3)but it was also true yesterday when ALSC was 20% cheaper. So what has changed??? CNBC, the question for me is, how long will the air take to come out of the balloon? My guess is the Big boys are selling you back the shares they bought off of you a few days ago in the $7-8 range and will be buying them back from you again at lower prices, only to once again to sell them back to you at higher prices.
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