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Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: patim who wrote (5004)6/14/1999 6:01:00 PM
From: Ram Seetharaman  Respond to of 9582
 
PATIM:

Here is what Herb Greenberg had to say today @ 3;23 P.M on Street.Com!

"Extra hidden assets at $3 and ALSC finally gets valued"

ALSC owns 15.5 % of United Semi and S3 (SIII-symbol) owns 15.8 %.

Per the article ALSC's stake in United Semi may be worth as much as $ 7.44 and ALSC's stake in BRCM may be worth about $ 1.31 - for a total of $ 8.75 for their non-operating stuff!
ALSC's SRAM business is booming and their rival Cypress Semiconductor has recently expressed that they can't make enough to meet the demand!

S3's stake in United Semi is worth about $ 6.5 to 8. They have $ 2 in cash. S3 is also undervalued at the present price of @ $8 - per the article.

Go grab both the stocks ALSC and SIII for some decent returns in the next few months!

Adios!