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


To: Ken Muller who wrote (2069)12/2/1997 2:41:00 PM
From: MoonBrother  Respond to of 9582
 
Ken,

Haven't seen you posting any notes on either SIII or ALSC thread for a while. You finally dumped S3? More terriblly, you bot ALSC as I suggested weeks ago? I guess we both suffered some serious blows by owing these 2 stocks. The only good thing for them, if there still is any, is that USC is still doing quite well, which will cover some ugliness of them. Other than that, I don't see any hope at this point...

As I posted in my previous note, not only DRAM price has fallen to historically low level, the prices for both SRAM and Flash memory are undergoing some significant loss too. This is really killing ALSC. Frankly I don't see how Alliance can survive out of these massive price drops.

At this point, I think the only safe stocks to own are those big boys, CSCO, CPQ, IBM, INTC...

I will, however, come back to ALSC as soon as I see the DRAM price picking up.

Good luck to us all!

MB