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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (243005)	7/24/2005 4:43:01 AM
From: Taro	Respond to of 1574267

OK, I went straight from subject Alliance and on to subject ADLR. Let me clarify: 1. Reddy brothers: Those are the Indian guys behind and in control of Alliance. Very shrewed operators, I know a few things about them. They hire and fire at their whim and have a couple of transactions on their sheet, which where very close to what SEC could tolerate - or not. Recently they fired their CFO with one of the Reddies taking over interim. So now they found some "respectable" person to hold up a screen while SEC is sniffing around, I guess. Links or evidence? No because I stay away from those people. I know people who worked there though. That's what I meant by "be careful" incl. with investments in their company. They like calling themselves a semicon operation but in reality they are mainly into financial operations. Believe they were even advised by SEC to change the name of the company to reflect that. 2. ADLR: an interesting case. I know people who made some respectable money on investing in their ups and downs. But pharma start-ups is way over my head and IMO too risky, at least for me. My buddy is an expert and got me into this one, promised to help and forgot me. I am out of it with no losses. Hope this clarifies. Again, OVTI compared to Alliance: All very decent people trying their best to do a job for the company and its shareholders. OVTI I mean. Taro

To: Elroy who wrote (243005)	7/24/2005 6:17:57 AM
From: Taro	Read Replies (1) \| Respond to of 1574267

Alliance was told by SEC a year ago to relist from "semiconductors" to "financials" because according to SEC their revenues and income had by far come from investments for an extended period of time and still did so. For some reasons the Reddies are dragging their feet on this and their latest ploy no doubt is part of their game pushing this issue ahead of them. Alliance Semiconductor Corporation is a leading worldwide provider of analog and mixed signal products, high-performance memory products, connectivity and networking solutions for the communications, computing, embedded, industrial and consumer markets. Above quote from their PR is all bull. They are long gone as a de facto player in those markets. They have recently "rolled out" some new product but nobody knows where if anywhere they are sampling those let alone selling them. Once in a while we may see some of their old memory product popping up, mostly from brokers and almost never via their own sales channel whereever they may have some of that left. Maybe they sit on some huge inventory of certain product? Its very possible that they see it as extremely lucrative calling themselves a "Semiconductor Company" and thus put in those efforts to fight any relisting. Anyway, I can only highly recommend to keep hands off. Taro