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


To: DJBEINO who wrote (8968)11/29/2000 9:51:47 AM
From: Pete Mason  Read Replies (2) | Respond to of 9582
 
These are the situations where a patient investor can really make some change.... a stock like ALSC gets totally whacked by sentiment in the semiconductor sector, it goes down day after day, everyone here on this thread knows the value here... I've been buying all the way down, buying at every dollar level starting at about $19.

So far, this has not made me look smart! But I've got a good average, and I will happily buy more stock of a company like this when it trades below book.

Just like the market cannot fall each and every day without pause, so ALSC will not stay down at these levels forever. Buy some here, and have a little patience...

My two cents,

-- Pete