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

To: Ram Seetharaman who wrote (4691)	2/15/1999 2:31:00 AM
From: patrick tang	Read Replies (1) \| Respond to of 9582

Re: <i LSI should see the target price of $ 35 sometime in 1999 /i We should definitely see that before end of April, probably even near end of March. As for ALSC, since the value is really not in the business but in it's foundry holdings, I don't see it going up much before the foundry stocks like TSMC and UMC goes back up. And even then, since ALSC's holdings are overseas and not really here, I see a delay between foundry stocks going up overseas and ALSC going up (... now hey ... that's one trading strategy! I'll have to keep my eyes on that. But the the parent company itself cannot continue to keep bleeding cash every Q, otherwise it would have just squanders its own worth. If that is the case, I would need to bee a break even Q for this Q before I get back into this stock). patrick