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


To: Woody_Nickels who wrote (4591)1/29/1999 8:36:00 PM
From: Norrin Radd  Respond to of 9582
 
There is a lot of unrealized value in ALSC's wafer investments and now in the Maverick/Broadcom deal. I think the stock could be in double digits within a year, perhaps a lot sooner. Many forget that the stock was $45+ in 1995.

I am hoping the market cools off a bit because soon (in another 2 weeks or so) the earnings reports will be mostly over and sentiment often tends to turn down with all of the good news being over until next quarter. So, I've raised some cash in the past week. A nice sharp correction would be welcome and healthy.