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

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To: DJBEINO who wrote (2127)12/11/1997 5:22:00 PM
From: Norrin Radd  Read Replies (1) of 9582
 
I am shuffling my portfolio to buy more ALSC. Nothing much has changed in my view, only psychology temporarily. This is a big opportunity for anyone with a longer term view. For now, I hope it tanks some more until I complete my position.

The market makers are taking wild advantage here of many tech stocks trying to knock clients out of their positions but the way to win is to buy at these really good prices.

At the end of Dec. I'll strike unless things turn sooner. Now I'm greedy and I want even lower prices on some of these depressed tech issues and with a couple weeks of tax loss selling left, I expect I'll get my wish.

So many tech fish in the sea that are all excellent buys now. This is near a bottom as folks are in panic on a lot of threads which I consider a contrary indicator and hence a good sign.
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