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

To: Woody_Nickels who wrote (5689)	8/1/1999 6:58:00 PM
From: kevin rundblad	Respond to of 9582

Ken, I agree with your analysis. With the upswing in the semi cycle, ALSC should move up granted they are showing some profit (fueled perhaps by one of the products you mention). However, I do think the price movement may be an indicator (one of many) to the start of an upswing in this stock. The pattern is positive. Here is a 5 year look with macd/stochastics/william %r: bigcharts.com All these indicators show the present move is clearly different from all the short term moves in the past 3-4 years. Plus the past year or so, shows a double bottom formation. (If others go by purely fundamental analysis, please kindly disregard this info.)