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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 (3863)	8/30/1998 8:56:00 PM
From: Norrin Radd	Read Replies (1) of 9582

DJ, This is good to read, after 2-3 years of glut though, it's hard to believe the good news. Let's hope it continues and that the supply of DRAM and SRAM just continues to get tighter over the next couple of years. I must say, we've sure seen plenty of evidence of the reduction in expansion plans and the total abandonment of DRAM mfg. in some cases. It's very interesting to me that the up/down volume ratio for ALSC stands at 1.1, headed up in the past few weeks. The one thing that is hard to hide is volume.....definitely some stealth buying going on lately. This week should be very interesting for the markets in general.

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