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

To: Ram Seetharaman who wrote (6688)	12/22/1999 5:18:00 PM
From: Lutz Moeller	Respond to of 9582

Ram, you wrote, "watch its [ALSC] volume - and price relative to the 50 and 200 day moving averages - and sell when the price gets way over the averages. Right now ALSC is very undervalued." Good idea. I agree. I have loaded up on ALSC already above reasonable diversification precaution. I only bought so many shares, because today (for how long?) I can buy ALSC below book value. ALSC is a rare case today. Such bargain makes me feel alright - still with my exception for the rule not to be too overweighted in one stock. you never know the future! To buy a Dollar for fifty cents allows an exception. that's the case with ALSC today. So I am overweighted. Come the Fed or not in february to raise rates. No such thing would diminish ALSC's prospects in this business cycle. Fast RAM, NVRAM and Telecomcom- and Networkchips shall flourish - ALSC's place - my place. Lutz