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

To: mark garner who wrote (5202)	6/30/1999 12:41:00 AM
From: Woody_Nickels	Read Replies (1) \| Respond to of 9582

Numbers do not tell the whole story!-) Mr. LaFountain said his rating is based on an equation that takes many variables into account. If one variable turns into an unusual number the resulting rating can vary, not surprisingly on a daily basis, possibly. For example, I follow alot of 'turn around' stocks. These companies often lose a lot of money for various reasons, but are expected to right their problems and return to profitability. After many qtrs of negative, but getting better earnings, the company finally turns a small profit of 1/2 or 1 cent. The stock price has dropped from 20 to 2, but with 1 cent of earnings, the P/E is 200!!!!! I have responded to posts bashing stocks in this situation for having too high a P/E to be a good investment. Actually the mgmt. at the co. should be applauded for returning to profitability! Be careful when interpreting numbers!!!!!!!!!!!!!