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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: DJBEINO who wrote (3759)	8/7/1998 4:38:00 PM
From: sellonrumor	Read Replies (1) of 9582

Unfortunately, Lehman report simply repeats same points as they made several months ago when they issued their earlier rating. Upgrade reflects their more bullish atitude then Tom Kurlack et.al. on near term outlook for semis....nothing really new on ALSC. Today's volume was a lot of daytrading with most buyers taking profits later in the day. I am concerned that we could we back below 3 on Monday if the market is down. Some positive news from the Reddys on 3rd quarter sales will be the only thing to move the price up to a 3 1/2 to 5 trading range. Otherwise, we may sit at 3 for the next several months while the rest of the semis move up.

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