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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: DJBEINO who wrote (4654)2/9/1999 1:03:00 PM
From: patrick tang  Read Replies (2) of 9582
 
DJ, I read it as ALSC is going to be selling 35M more shares to USC at a price of 30NT. ALSC is running out of cash and is selling off assets to pay bills.

Do correct me if I'm wrong.

patrick
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