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

To: Ken Muller who wrote (3387)	6/23/1998 4:04:00 PM
From: DJBEINO	Respond to of 9582

alsc 3 11/32 +9/32 (9.19) 3 7/32 (10) 3 11/32 (10) 501,800 finally an up day

To: Ken Muller who wrote (3387)	6/23/1998 6:34:00 PM
From: Norrin Radd	Read Replies (1) \| Respond to of 9582

Ken, I was buying ALSC, and IDTI again today. Also some other, non-semi names. I think the semi mfg. sector has seen most of its correction and fund managers don't want to be late to this party. They all have lots of cash that needs to go to work and they don't want their buddies to beat them to the punch. They want to be in the market after the warnings come out, but before most of the earnings come out. We shall see..... I think the MMs dragged ALSC down for a reason, and that reason is so they can buy it up cheaply and then drive the stock higher. I think ALSC has $5-6 in wafer foundry value alone, never mind the rest of the company, despite the current red ink.