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

To: DJBEINO who wrote (3815)	8/18/1998 12:24:00 AM
From: DJBEINO	Respond to of 9582

FROM THE Form 10-Q :"The Company made a third installment payment of approximately 106 million NTD (or approximately US$3.1 million) in July 1998. After the third installment, the Company owns approximately 2.96% of the outstanding shares of USI and has the right to purchase approximately 3.70% of the manufacturing capacity of the facility. At June 30, 1998, the Company had $6.3 million in cash, an increase of $3.3 million from March 31, 1998, and working capital of $37.8 million, a decrease of $2.1 million from March 31, 1998. The Company believes that these sources of liquidity, together with an expected tax refund (the significant portion of which, totaling $17.7 million, was received in July 1998) and financing opportunities the Company believes will be available to it, will be sufficient to meet its projected working capital and other cash requirements for the foreseeable future.