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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: patrick tang who wrote (2239)	1/8/1998 1:29:00 PM
From: Ken Muller	Read Replies (3) of 9582

Patrick: You wrote<< their last Q's cash outlay was for an extra 5% of JV1.>> Ever since the S3 debacle of deliberately misstating their revenue and inventory, I have become increasingly suspicious of company announcements. However, in ALSC's case I think you will see an unexplained $20 million increase in Accounts Payable during the April -June quarter. It is my belief that increase represented the funds used to increase their investment in USC. I project ALSC to have gone through about $13-14 million this quarter. Awaiting quarterly report. Ken PS. Having said all that, if ALSC can come up with an announcement on future product plans that makes sense, I think this stock will do fine.

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