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

To: Madharry who wrote (5261)	7/6/1999 4:41:00 AM
From: Chi Pan	Respond to of 9582

if want distribute on a tax free basis, company needs to buy back shares as long as the share price is lower than book value.

To: Madharry who wrote (5261)	7/6/1999 7:56:00 AM
From: DJBEINO	Read Replies (4) \| Respond to of 9582

What is driving ALSC? 1-Investments Company # of shares stock price Value BRCM 538,961 137 1/32 $73,854,499.53 USC 247,700,000 $67.50 $517,575,222.88 USI 35,600,000 $67.50 $74,387,072.81 add money from umc $20,585,685.98 (from previous sale-35m shares) total $686,402,481.21 # of shares $41,608,582.00 (per latest 10-q) alsc is worth $16.50 (BRCM+USC+USI only) ALSC invested in Chartered = $51,596,000 (add 1 3/4 to ALSC), They are talking about an IPO later this year. This investment could triple. 2- SRAM market is booming and in shortage 3- The networking market because of the internet is booming, hence the new product that ALSC introduced should do very good. 4- DRAM market for 64M is in a slump, the 16M (which ALSC participate in-big time)are in high demand and for a premium. 5- Asia's markets are back with an upturn in the semiconductor cycle-ALSC sells most of its products in ASIA 6-LOOK at the Consensus Estimates:http://biz.yahoo.com/z/a/a/alsc.html This Year (Mar 00) 0.20 Next Year (Mar 01) 0.71 ALSC @11 9/16 is a bargain at these prices