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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: Epics who wrote (1987)11/14/1997 12:18:00 PM
From: mike mccann  Read Replies (1) of 9582
 
I almost bought at 7-1/2 thinking that was a bottom too, but it dropped through before I had a chance. Now I guess I'm waiting for 6.

I don't know how you value these sram companies. The ones that are making any profit at all (CY and IDTI) are trading at 40 or 50 times earnings. ALSC hasn't had an operating profit in 5 or 6 quarters, and it was recently trading in the mid teens.

Good Luck!
Mike
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