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

To: Peter H. Mack who wrote (8579)	9/26/2000 2:00:50 PM
From: Ken Muller	Read Replies (1) \| Respond to of 9582

Mack: <<New leading edge products take time as this implies new market segments etc.>> With regard to memory, the markets are already there. Where's ALSC? They could go out and buy the designs in Taiwan. They're available. They have the manufacturing capacity. They have the financial resources. They lack the desire. I suspect the Reddys are content to switch to the investment portion of the company and milk the base memory business for whatever they can get. The way the investments are set up, they will make more money than anything they can do with the memory division. Is that the best policy for the Reddys? Probably. Will the shareholders ever get a piece of the investment part of the company? Probably not. I do not think they will sell the company nor will they issue any kind of a dividend. So how does the normal shareholder ever make any money?

To: Peter H. Mack who wrote (8579)	9/26/2000 3:46:27 PM
From: DJBEINO	Respond to of 9582

Alliance Semiconductor Says Sales to Beat Forecasts (Update3) 9/26/00 11:11:00 AM Source: Bloomberg News Santa Clara, California, Sept. 26 (Bloomberg) -- Alliance Semiconductor Corp. said it expects fiscal second-quarter profit and sales to beat forecasts as the chipmaker benefited from higher prices for its products. Alliance said it expects earnings of 19 cents to 21 cents a share for its second quarter ending Saturday, excluding gains from sales of marketable securities and other non-operating items. The company, based in Santa Clara, California, said sales are expected to be $60 million to $62 million. It earned $19.1 million in the year-ago quarter. It will report results Oct. 17. Alliance said prices for its products were higher than in the previous quarter. Demand for its chips in the wireless and networking markets remained strong. The company's largest customers are 3Com Corp., Nortel Networks Corp. and Pace Micro Technology Plc, spokesman David Eichler said. ''They have lots of capacity to really take advantage of the strong demand out there,'' said Hans Mosesmann, an analyst at Prudential Securities Inc., who has a ''strong buy'' rating on the stock. ''Supply isn't going to meet demand for the next one-and-a- half years. It's a great position to be in.'' Mosesmann expects the shares to reach 44 within a year. The shares of Alliance rose 88 cents to 21 in midafternoon trading. They had risen 21 percent this year.