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

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To: Ram Seetharaman who wrote (8911)11/8/2000 1:30:14 AM
From: DJBEINO  Read Replies (1) of 9582
 
Does it look like the speculation that semiconductor sales are slowing is unwarranted? Do you have a favorite chip stock?
If we're not at the peak of the chip cycle yet, it's definitely coming soon. That's not to say that these companies still don't have a few more quarters of posting great year-over-year growth. It's just a question of how long that the market will favor these stocks. My favorite semiconductor stock out there is Alliance Semiconductor (Nasdaq: ALSC - Quotes, News, Boards). At $20 a share, the stock is worth $25 to $35 from its investments alone, and has its own profitable business on top of that. When Wall Street wakes up to this great discount, the shares could definitely move higher.

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