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

To: DJBEINO who wrote (3550)	7/1/1998 3:26:00 AM
From: Norrin Radd	Respond to of 9582

DJ, To me, it's clear that the pendulum always swings too far. This DRAM situation won't last forever, it can't. The shake-up is already in progress and I can't help but think that one day, the pendulum will peak and start to move in the other direction. Remember 1994-1995 for the semi sector???? It will happen again someday and if one happens to be long at that time.....then it's time for early retirement. Meanwhile we have the Reddys, using their bright minds to find new strategies to adapt to ever-changing conditions. They have plenty of cash for a while, so I think the stock will at least double within 12 months. A DRAM uptick could up that price target to a triple or more from these levels. The foundry interests alone are probably worth a double in the stock price. TTILF announced a deal with IBM today, so today it may move up again.