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To: Dale Baker who wrote (18010)	5/5/2000 12:51:00 PM
From: Mao II	Respond to of 118717

DB U got that right! THere are some great charts out there tho, even now. A friend of mine and I were eyeballing ADCT, up substantially today. I don't have a position, but the chart and the company are impressive -- even after what we have been through the last month. M2 207.61.23.98

To: Dale Baker who wrote (18010)	5/5/2000 1:32:00 PM
From: IEarnedIt	Read Replies (1) \| Respond to of 118717

I Love You Virus has a new name BUT it's the same nasty virus. <<<http://www.siliconinvestor.com/readmsg.aspx?msgid=13577002>>> Whoever this is, really doesn't want to give up. JD

To: Dale Baker who wrote (18010)	5/6/2000 12:08:00 AM
From: IEarnedIt	Respond to of 118717

This is perfect. You have to check this one out. <<<http://www.siliconinvestor.com/readmsg.aspx?msgid=13590290>>> I think I know a few graduates. ROFL :-) JD

To: Dale Baker who wrote (18010)	5/6/2000 12:54:00 AM
From: B Tate	Read Replies (5) \| Respond to of 118717

Dale and Dave Did some DD on ALSC as we discussed last evening on the site FWIW the following is my take. Don't forget I HATE financial statements and SEC filings. ;-) ALSC appears to be a failure as an operating SRAM/DRAM company. Consistent losses year after year, losses getting smaller and they might be able to go on the plus side this year. As far as FLASH goes there is no indication they have a viable product. No mention of revenues generated in the discussion of income where DRAM and SRAM are covered well. There also is a list of "Legal" activities (some of which are absolutely normal for a memory company - Dumping etc. etc.) There is one however that gives me pause at the moment and that is a couple of pat. infringement suits by AMD in the flash area that could/would stall any meaningful product revenues for some time while its being decided by the courts. While the financial side looks good overall, no LT debt, there are a couple of ratios that just seem odd. The real P/E is 122 (after backing out onetime events) The P/S is 8+ ** EDIT There is one other thing I saw in the financials that always rings the warning bells and that is 'related party' recievables and payables. ******** R&D spending seems to be OK, they don't have huge foundry equipment costs as they use 3rd parties so the disparity would seem to be in tiny margins or SG&A is way out of whack. As stated above I hate reading the statements and am not good at it. With all that said, it just might be a hell of an investment co. Seems all the profits are generated by investments. Present or past positions in companies such as Broadcom, UMC, United Semi, United Silicon, Chartered Semiconductor and a host of "incubator" style investments in Communications and internet start-ups. An interesting company that I will watch going forward. The last quarterly is full of interesting tidbits. Thanks for bringing it to my attention. If we have any experts on this one hanging out here I would welcome comments. bt