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Alliance Semiconductor Corporation Message Board

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  • j971 j971 Sep 7, 2000 8:01 PM Flag

    Re: alsc fair value is ~$16, based on

    1) Recent "quiet" news release on earning

    upside revision. This seem to tell me Reddys doesn't
    want the stock to go higher.

    2) The Reddys is
    not selling any stock in the
    near future. Thus
    they will not support
    price (for their own gain)
    unless the
    price drop to the teen.

    summary, I see the stock will go down more
    ~$15 before
    it head back up.

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