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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

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To: Bill Hermesmann who wrote (4012)9/22/1998 10:48:00 PM
From: Norrin Radd  Read Replies (1) of 9582
 
Bill, I like it a lot when the entire world thinks DRAM is forever dead. The pendulum always swings too far. Always. It's just a matter of time and if ALSC doesn't run out of cash, which I think they won't because they can always sell some more of their wafer fab investments if desired, then they'll live to see the next up cycle. In the last up cycle in 1994/95, ALSC was over $40. So the upside potential, if sky doesn't fall, is huge and worth waiting for, IMO. And then if you glance back at the chart, ALSC went from 7 to 15 and later 4 to 9 in 1997/1998 on basically no news at all.

bigcharts.com

Does anyone care to state on the record that they think ALSC will never rise again?
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