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


To: Woody_Nickels who wrote (5605)7/28/1999 7:43:00 PM
From: Woody_Nickels  Read Replies (1) | Respond to of 9582
 
Then there are the tax consequences...



To: Woody_Nickels who wrote (5605)7/28/1999 8:09:00 PM
From: Charles R  Read Replies (1) | Respond to of 9582
 
Ken,

<AFA a stock buyback, don't you think there are other companies ALSC
could invest in to get a better return than ALSC? >

Experience tells me that ALSC should look what it can do improve operations than wondering what good investments are out there. If they just get their internal act together, this stock should be trading at or above the book value of $20+.

Given that their stock is trading at over 50% discount to the book, the management would be wise to unlock that value instead of looking for good investments.

Chuck