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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: Norrin Radd who wrote (3353)	6/17/1998 5:51:00 PM
From: MoonBrother	Read Replies (2) of 9582

Today might be the turning point for ALSC. I roughly counted that among the total volume of 2.1mil, about 1.5mil were belong to blocks of 50,000sh or more. Hopefully, the guy(s) has dumped all his/her shares. It certainly looked that way, 'cuz the large blocks diminished after 2:30pm. Will ALSC start to move upward? Tomorrow might be a first test. If the big block does dry up tomorrow, and ALSC starts to move up slowly even with a considerably small volume, better yet, if it moves up accompanying the fact that NASDAQ has a down day as I suspected that it will be tomorrow due to profit taking, then we can start to think that the dumping is over. Let's hope that this will be the case. MB

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