tag:blogger.com,1999:blog-6798074091942701235.post5609337879457873573..comments2024-03-27T11:08:31.557-04:00Comments on Can Turtles Fly?: Anyone think Ambac will survive? Added Alliance Semiconductor (PK: ALSC) to watch listSivaram Vhttp://www.blogger.com/profile/06361276466660862882noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6798074091942701235.post-30717634280761879592011-01-07T21:49:20.000-05:002011-01-07T21:49:20.000-05:00I have a web site where I cover stocks and exchang...I have a web site where I cover stocks and exchange traded funds under ten dollars. I am a astute value investor. I would like to comment about alliance semiconductor forget about this stock why not buy somthing like sanmina sci corp symbol SANM the company Corporation provides integrated electronics manufacturing services worldwide. and does 7 billion in annual sales but has a market cap of just 1 billion and 600 million dollars in cash. and is very profitable. the stock trades around 12.00 dollars I think the stock could get to 100.00 dollars a share over the next five years. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6798074091942701235.post-82438761710939083282009-03-30T22:34:00.000-04:002009-03-30T22:34:00.000-04:00Hmm. Why not just buy the exchange traded Ambac bo...Hmm. Why not just buy the exchange traded Ambac bonds? AKF trades at $3.81. If Ambac survives, then it goes to the $25 par and you've made more than 6x. On top of that, the annual coupon is $1.48. If you get five years of coupons that's another $7.40 bringing your total return to 8.5x. That seems to compare favorably to the potential upside on ALSC. And both are tied to Ambac's survival.Jimnoreply@blogger.com