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

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To: Ken Muller who wrote (8596)9/27/2000 10:40:12 AM
From: Madharry  Read Replies (1) of 9582
 
ken I would hope that if they really have a design staff of 50 in India that they are cracking out lots of new designs. The Indian proffessional people that I have known have been highly creative. It does take time to move from being a commodity producer to a niche producer. Right now the downside risk in the stock is negligible because like you the market is giving 0 value to the company's core business and flsh prospects. Any success will cause the stock to soar. Failure will just cause the stock to continue to be valued soley based on its investments. I continue to like my chances. The company continues to project better profits.
If nothing else, the company could potentially split into an operating company and an investment company and then sell the operating company with foundry investments to a company who could better utilize the wafer capacity.
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