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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: Madharry who wrote (7260)4/12/2000 12:57:00 PM
From: DJBEINO  Read Replies (1) of 9582
 
<Sorry DJ I think that it is a mistake to add the 20% stock dividend into your calculations. It is akin to a stock split which theoretically does not increase the value of the company. Just a question of how you slice the pie. >

the fact is ALSC is getting an additional 56m shares of UMC for a total of 339m regardless of UMC stock price. I agree of what you said above.

when UMC is @150-190, do you like ALSC to have only 283m shares of UMC or 339m shares?
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