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

To: Norrin Radd who wrote (2189)	12/24/1997 6:44:00 PM
From: Epics	Read Replies (4) \| Respond to of 9582

ALSC has no cash. Thats why i dumped it awahile ago for a loss. ALSC isn't MU, a low cost producer with cashin the bank. Companies are going to go under and IHMO ALSC is one of them. Look at the stock price, people tend to fight the tape. It can get expensive. I tried to buy 5 puts and missed out two weeks ago, its a shame could have made some nice cash. The pre-announcement should be out the first week of January, the question is how bad is it? Judging by the Stock Price and executives filing to sell shares, it doesnt sound good. All my opinion, and also remember the foundry is being taxed at 69% for this quarter, for the first time as per the MU thing. It doesnt look good All Standard disclaimers apply.