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

To: patrick tang who wrote (3557)	7/1/1998 4:06:00 PM
From: Norrin Radd	Respond to of 9582

Patrick, you may be right about DRAM, but at these levels, I think there is so much hidden value in ALSC, it will be reflected in time. Stocks always need to test and retest bottoms etc. but I notice the semi sector is starting to get more positive press as a value candidate. This is good. I put most of my cash to work in the last week or two. So far, I'm very glad I did. ALSC is only one fish in the sea, albeit one that I like at these levels.

To: patrick tang who wrote (3557)	7/5/1998 1:30:00 AM
From: luis a. garcia	Read Replies (2) \| Respond to of 9582

Hi Tom Patrick and all .... I have been out of the ALSC stock for a few months and I have been surprised by the continuing issues that have pushed the stockprice this low. I have a concern from the technical side of things.... This can be a buying point if I look at a chart one thing strikes me and that is the accumulation volume or On Balance Volume which is a cumulative sum of volume on plus days it adds and on minus days it subtracts ...its more than that but..lets say the volume accumulation is still very bullish and the stock is lost two thirds its value... if that function on my tradestation is working properly it seems to indicate that the price is falling of its own weight and not pushed under by insiders selling lots of cheap shares etc... if you guys agree this could be the dynamic in effect then the least bit of positive news would see the shares jumping and making up the lost value in a very very short time? Do you guys have a feel for this? does anybody have a lot of experience with this On balance volume function???? thanks in advance luis