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


To: Ram Seetharaman who wrote (4585)1/28/1999 11:21:00 PM
From: Woody_Nickels  Read Replies (1) | Respond to of 9582
 
I just read a post on Yahoo! ALSC board. The poster was trying to
determine the value of ALSC including it's investments. He came up
with a price of about $40/share!!!! A bit optimistic if you ask me.
However, if 16Meg DRAMs start selling for $25 each maybe $40/sh is
right!
Besides, as long as ALSC is losing money they must dip into equity
to pay bills. But, they are getting close to breakeven and so will
need to liquidate less of their investments to pay bills.
I'm getting tired... off to bed.