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

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To: Norrin Radd who wrote (1959)11/12/1997 5:26:00 PM
From: Jim Goodman  Read Replies (3) of 9582
 
unfortunately, recent break may mean a cut-the-loss-sell-into-strength potential in ALSC... I'd really like to see more cathartic volume down here....been a rough period last 2 weeks, so being real careful on the long side.... SGI. still a buy-with-a-very-tight-stop here @ 13, and, perhaps, our WKGP, VSNR, ACE, QDEK, IFMXE, GDC, NTN, as depressed potential bases techs, but I'd like to see better action in ALSC, and other depresseds.... of course, soon, we'll have potential tax-selling bounces on many issues like these, so perhaps will not be much worse from today's lows, yes ? best wishes,
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