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


To: Ken Muller who wrote (6725)12/31/1999
From: Jibacoa  Read Replies (1) | Respond to of 9582
 
ALSC has been on a steady, albeit slow, up-trend since the Dec.13 L at 13. Today it tested the Nov.26H of 16 1/4 (today's H was 16 5/16) and it should close above that level tomorrow.

The expected comments by Drew Peck(Semi-Conductor Analyst
SG Cowen re: Chip Outlook 2000 ) on CNBC tomorrow should certainly be of help.

On a technical basis the stock would be making not only a 54weeks H, but a 4 yrs. H since that is going to be the Highest level since December 1995!!! (The H on Dec.95 was 22 1/2)

I guess we can expect the stock's up-trend to accelerate its momentum after tomorrow's new H and the advent of the new millennium.

Good luck to all, and have a HAPPY NEW YEAR.

Bernard