SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: Norrin Radd who wrote (3359)6/18/1998 5:31:00 AM
From: Woody_Nickels  Read Replies (2) | Respond to of 9582
 
A Question: How can the fab investments be counted in base value if
ALSC is using they equity stake to finance day-to-day operations, to
the tune of $14 M last qtr? At that rate how long can ALSC stay
afloat? Let's see, $5/share X 40M shares = $200 M.
$200M / $14M/qtr = 14 qtrs.
Looks like ALSC runs out of equity in 14 qtrs or 3 1/2 yrs. Of course
this is under today's circumstances. Exchange rates, fab utilization
and profit, etc. could shorten this horizon.
Just some musings to contemplate.
Ken



To: Norrin Radd who wrote (3359)6/18/1998 6:32:00 PM
From: Ken Muller  Read Replies (2) | Respond to of 9582
 
Tom:

I would suggest you buy no more ALSC stock until the company files its 10K. All this selling just didn't happen because of another poor quarter.

Company has only 90 days from the end of its fiscal year to file.

Don't gamble with IRA funds,
Ken