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


To: Woody_Nickels who wrote (3360)6/18/1998 12:57:00 PM
From: MoonBrother  Read Replies (3) | Respond to of 9582
 
Looks like there are still some leftover dumpings, although the pace seemed slowed down significantly. There were blocks of 10,000, 30,000 and 60,000 shares all traded at lower prices than their previous trades. The problem is, if the dumping slowdown is caused by the lack of buying volume, but not because of s/he has almost finished positions, then we might see some intensified desperated sellings later this afternoon causing steep price drops. That could be very nasty.

Good luck!




To: Woody_Nickels who wrote (3360)6/18/1998 6:33:00 PM
From: Norrin Radd  Respond to of 9582
 
I think in 6 months, a lot of money will be made on ALSC from these levels and I don't think any news is required to move up sharply. It has looked a lot bleaker for ALSC a couple years ago, and yet here they still are, so I think the Reddys will adapt their strategies.