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

To: charles j. aaron who wrote (1863)	10/28/1997 8:39:00 AM
From: MoonBrother	Read Replies (2) \| Respond to of 9582

I think today will be the turning point for ALSC and tech stock as a whole. It will start a little down, but after noon time, the buyers will kick in and lift the whole sector closed higher. ALSC should have no problem to go back above $8, perhaps even $8.5, depending on how strong the market rebound is. Here is my take, if the DOW holds within 100 pts loss, NASDAQ within 20pts loss by 10:00am, and the markets are steady after that until noon time, then we should definitely see the rebound starting 1:00pm. By 2:00pm the market deficit should be wiped out, and eventually close with DOW up 100 pts, NASDAQ up 20 pts, and ALSC at $8.5. Let's sit tied and watch! Good luck to us all! MB