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


To: John McDonald who wrote (7270)4/13/2000 12:05:00 PM
From: DJBEINO  Respond to of 9582
 
<What is LaFountain's position on ALSC?>

on 2/25 alsc was @23
Alliance Semiconductor Cut to 'Buy' at Needham & Co. (raised target to 25)
2/25/00 8:06:00 AM
Source: Bloomberg News
Princeton, New Jersey, Feb. 25 (Bloomberg Data) -- Alliance Semiconductor Corp. (ALSC US) was downgraded to 'buy' from 'strong buy' by analyst A. A. Lafountain III at Needham & Co. The 12-month target price is $25.00 per share.

+++++++++++++++++
Alliance Semiconductor Reiterated 'Strong Buy' at Needham & Co.
1/6/00 6:09:00 AM
Source: Bloomberg News

Princeton, New Jersey, Jan. 6 (Bloomberg Data) -- Alliance Semiconductor Corp. (ALSC US) was reiterated 'strong buy' by analyst A. A. Lafountain III at Needham & Co. The price target was raised to $23 from $17.



To: John McDonald who wrote (7270)4/13/2000 12:09:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
SALE continues on ALSC: 22 1/2 after 40% tax and that does
not include core biz and 14 other startups. I think it is very safe to buy at these levels.

comp # of shares stock price Value per share

BRCM 612,000 158 $96,696,000.00 2.32
UMC 339,900,000 $109.00 $1,216,719,211.82 29.18
VTSS 852,000 $76.00 $64,752,000.00 1.55
CSMF 21,400,000 $12.80 $159,534,071.05 3.83

add money from umc $21,839,080.46
total $1,559,540,363.34

# of shares $41,700,000.00
alsc $37.40
40% tax rate $22.44