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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: MoonBrother who wrote (2109)	12/10/1997 3:22:00 AM
From: Woody_Nickels	Read Replies (1) of 9582

This stock might be worth $13 but the market always overacts to the up AND down side, so $20 is not too far fetched. I doubt if the Reddy bros. are ready to sell out a) this is the worst time to do so b)they would have to go get real jobs like the rest of us. Like I wrote earl- ier, ALSC only needs to stop bleeding and break even. Losses of .01 or .03 are nuisances, not critical. Nothing some austerity can't cure. Waiting for the cycle to turn is the worst part. Actually, this stock was worth considerably more on a couple years ago and I think it'll get back to $27 (a resistance level) for those with patience/time.

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