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Technology Stocks : Alliance Semiconductor

ALSC 0.810

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Jul 10 5:00 PM EST

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To: charles j. aaron who wrote (1860)	10/27/1997 6:17:00 PM
From: David Tam	Read Replies (2) of 9582

I think this crash worldwide especially in the Asian Market will force semi co to re-evaluate their expansion plans. This is good news to me, since I think this will stabilize chip prices in the future. As for now, perhaps buying the 7 1/2 Apr98 call option won't be a bad idea. Any comments? David

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