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


To: Charles R who wrote (5622)7/29/1999 10:55:00 AM
From: Taby  Respond to of 9582
 
ALSC will reach 18 in no time.



To: Charles R who wrote (5622)7/29/1999 11:02:00 AM
From: stock talk  Read Replies (1) | Respond to of 9582
 
I personally think its interesting that ALSC and SIII both own about the same amount of the Fab, and S3 is down a 1/4 while ALSC is flying, AHHHHH the power of CNBC. ALL of the good stuff is true about ALSC(& S3)but it was also true yesterday when ALSC was 20% cheaper. So what has changed??? CNBC, the question for me is, how long will the air take to come out of the balloon? My guess is the Big boys are selling you back the shares they bought off of you a few days ago in the $7-8 range and will be buying them back from you again at lower prices, only to once again to sell them back to you at higher prices.



To: Charles R who wrote (5622)7/29/1999 12:09:00 PM
From: Ram Seetharaman  Read Replies (1) | Respond to of 9582
 
Hold on! 3+ million volume of today reveals the momentum behind ALSC, despite reporting operating loss, last quarter. IMHO, $ 20+ in a year is highly probable (with one or two quarter earnings on the plus side!). Other plus is the semi/chip cycle has just begun and it will go on for months!