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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 (7278)4/14/2000 2:30:00 PM
From: Peter H. Mack  Read Replies (1) of 9582
 
The news item dated 2/8/00 doubled the amount of authorization for buy back from 2 million to 4 million shares. The reason given was that Alliance board felt that the stock was at "a substantial discount to its fundamental value" (Closing price for that day was $17.938 and today it is currently at $14.938)

Very interesting.....Thank you DJ
pete
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