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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: Ken Muller who wrote (3364)	6/18/1998 6:37:00 PM
From: Norrin Radd	Read Replies (1) of 9582

Ken, In waiting, one could really miss the train here..... 10% -15% one day up moves for ALSC are expected as that's the way the market makers always correct an overdone situation. Yet we know this will be a bad quarter for the company, so that is old news and already in the share price. The stochastics have been bottomed for quite a relatively long time.....volume average today..... so I think I have to own more at these levels. But my normal course of action is to dollar cost average into a position, so this mitigates the short term timing. ALSC has just been hammered along with all of the companies in this sector, witness the SOX index.

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