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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: Woody_Nickels who wrote (1218)	7/21/1997 12:57:00 PM
From: patrick tang	of 9582

From 'fundamental' DRAM pricing considerations* I expect ALS to take another pop up when PC business starts up again Aug. 1 and spot price to post up maybe 3 rd week into Aug and continue to go up more into Sept and Oct. * using spot price, I did day trade ALSC for maybe $2.00/share back in April/May. But came June when spot price really dived, the stock deviated and stayed flat. That was when I suspected that the insiders /smart money knew that ALSC was going to make the break-even for Q2. Sure enough! Lehman's upgrade to $0.30/share for this year should be perfectly doable, perhaps slightly more. Comes Sept, that should be readily apparent and the stock should move up on that. Beyond that, I think to see $27 or more, will need a substained supply shortage. I believe that is here now, but will be Jan/Feb before people can recognize that. patrick tang

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