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


To: Epics who wrote (1987)11/14/1997 12:18:00 PM
From: mike mccann  Read Replies (1) | Respond to of 9582
 
I almost bought at 7-1/2 thinking that was a bottom too, but it dropped through before I had a chance. Now I guess I'm waiting for 6.

I don't know how you value these sram companies. The ones that are making any profit at all (CY and IDTI) are trading at 40 or 50 times earnings. ALSC hasn't had an operating profit in 5 or 6 quarters, and it was recently trading in the mid teens.

Good Luck!
Mike



To: Epics who wrote (1987)11/14/1997 1:02:00 PM
From: charles j. aaron  Read Replies (1) | Respond to of 9582
 
thanks for the encouragement. If it's up between 9-10 before
year end i'll be happy. I won't hold my breath though!!!