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


To: Chris Chang who wrote (2111)12/10/1997 12:04:00 PM
From: Epics  Respond to of 9582
 
News...

LOS ANGELES, Dec 10 (Reuters) - Hambrecht & Quist on
Wednesday cut its earnings estamates for Alliance Semiconductor
Corp "to reflect the persistent weakness in memory pricing."
-- reduced fiscal year 1998 earnings estimate to nil per
share from a previous $0.10 per share, and fiscal year 1999 to
$0.26 a share from $0.57 a share.
-- mantains a buy rating on the stock.
-- Alliance shares were off 1/16 at 5-5/8 by mid-morning.