SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Keith Allen who wrote (2308)1/14/1998 6:34:00 PM
From: Ken Muller  Read Replies (2) of 9582
 
Keith:

I think they did a pretty good job in holding down losses. I didn't factor in the federal tax rebate they will get back, however.

Before everyone mortgages the farm to make instant money, please note 2 things:

1. Cash is now down to $14 million. That's enough for 1 quarter. They will either have to sell fab stock or start borrowing funds this quarter.

2. The cost of manufacturing has risen above sales revenue. What this means to those who don't follow the accounting, is that ALSC is losing money with every device they make, exclusive of the company overhead costs.

They need a plan.

Ken
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext