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

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To: Jerome Wittamer who wrote (5633)7/29/1999 2:15:00 PM
From: Ken Muller  Read Replies (1) of 9582
 
Jerome:

Couple of points.

<<Based on a mix of market and book value, we have a value of $16+ for ALSC>>

1. Market cap has nothing to do with book value calculations.

2. ALSC's current book value is approx $19.26 per share based on the latest BRCM,UMC stock prices and the Taiwan dollar conversion rate. The correct book value formulas have been posted previously on several occasions. You may wish to review them.
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