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

To: Jim Goodman who wrote (1966)	11/12/1997 6:44:00 PM
From: mike mccann	Read Replies (1) \| Respond to of 9582

In less than 3 months ALSC has lost more than half its value. I suppose the next test is $6, which may happen as soon as tomorrow. I'm looking to do some bottom fishing in the next couple of days. Mike

To: Jim Goodman who wrote (1966)	11/12/1997 10:15:00 PM
From: Norrin Radd	Read Replies (2) \| Respond to of 9582

Hi Jim, Yes it's been tough except that some incredible opportunities have been created in my view. I can't believe the bargains but I want to see things shake out in the general market first. The market makers are taking wild advantage as always. As you know Nov.- Jan. are historically very good months for the markets. This may just be a text book retest of the lows. In any case, I haven't sold anything but I'm raising cash to get ready for some nice buying on the long side. I'm really drooling at some of the tech stocks..... Happy hunting !