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

To: Norrin Radd who wrote (4810)	4/11/1999 5:01:00 PM
From: patim	Read Replies (2) \| Respond to of 9582

Talked with IR last week. You better load up soon. They said over capacity problem is over. Is in the midst of a turnaround Expects this coming fiscal year (may-april) will be profitable. Book value is now over 4.00 plus 2 major assets that it isn't included in that book value. 1.) 490,000 shares of brcm with todays value of 36 million dollars and 2.) 245 million shares of USC which are rumored to be selling on the grey market(don't know much about that. I assume its like our over the counter is Asia) at about 2.00 a share. thats almost 500 million dollars of which only 80 million is shown on the books at this time. Just that adds another 10 bucks to book value. New products will be released this next year...which starts in May I told them to sell 20% of brcm and buy back 2,500,000 million of our shares. They said board was discussing that. Maybe we should raise our voices and tell co we insist on them doing something major to help share price.