<PAGE> PAGE 1
000 B000000 10/31/98
000 C000000 0001062417
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 ALLIANCE SELECT INVESTOR SERIES, INC.
001 B000000 811-09176
001 C000000 2013194104
002 A000000 500 PLAZA DRIVE
002 B000000 SECAUCUS
002 C000000 NJ
002 D010000 07094
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 PREMIER PORTFOLIO
007 C030100 N
007 C010200 2
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007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 ALLIANCE CAPITAL MANAGEMENT, L.P.
008 B00AA01 A
008 C00AA01 801-32361
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10105
011 A00AA01 ALLIANCE FUND DISTRIBUTORS, INC.
011 B00AA01 8-30851
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10105
012 A00AA01 ALLIANCE FUND SERVICES, INC.
012 B00AA01 84-001187
012 C01AA01 SECAUCUS
012 C02AA01 NJ
012 C03AA01 07096
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
<PAGE> PAGE 2
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
014 A00AA01 DONALDSON, LUFKIN & JENRETTE
014 B00AA01 8-00017574
015 A00AA01 THE BANK OF NEW YORK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10286
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 52
019 C00AA00 ALLIANCECA
020 A000001 LEHMAN BROTHERS, INC.
020 B000001 13-2518466
020 C000001 14
020 A000002 BRIDGE TRADING CO.
020 B000002 43-1450530
020 C000002 11
020 A000003 SALOMON SMITH BARNEY HOLDINGS, INC.
020 B000003 13-1912900
020 C000003 7
020 A000004 BUCKINGHAM RESEARCH GROUP, INC.
020 B000004 13-3134008
020 C000004 6
020 A000005 PAINEWEBBER, INC.
020 B000005 13-2638166
020 C000005 6
020 A000006 MERRILL LYNCH & CO., INC.
020 B000006 13-5674085
020 C000006 5
020 A000007 BROWN (ALEX) & SONS, INC.
020 B000007 52-1319768
020 C000007 4
020 A000008 MORGAN STANLEY & CO., INC.
020 B000008 13-2655998
020 C000008 3
020 A000009 PRUDENTIAL SECURITIES, INC.
020 B000009 22-2347336
020 C000009 3
020 A000010 REYNDERS, GRAY & CO., INC.
020 B000010 13-2942212
020 C000010 2
021 000000 84
022 A000001 GENERAL ELECTRIC CREDIT CORP.
022 B000001 N/A
022 C000001 238538
022 D000001 0
022 A000002 PRUDENTIAL SECURITIES, INC.
<PAGE> PAGE 3
022 B000002 22-2347336
022 C000002 129754
022 D000002 412
022 A000003 BANK OF NEW YORK (THE)
022 B000003 13-5160382
022 C000003 68927
022 D000003 37923
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022 C000004 34505
022 D000004 0
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022 B000005 13-5674085
022 C000005 5276
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022 B000008 13-2655998
022 C000008 2025
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022 A000009 SOUNDVIEW FINANCIAL GROUP
022 B000009 13-2998183
022 C000009 1558
022 D000009 0
022 A000010 GOLDMAN SACHS GROUP LP
022 B000010 13-5108880
022 C000010 872
022 D000010 325
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 9
080 A00AA00 ICI MUTUAL
080 B00AA00 GULF, CNA, CHUBB
080 C00AA00 95000
081 A00AA00 Y
081 B00AA00 131
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024 000100 Y
025 A000101 MORGAN STANLEY, DEAN WITTER & CO.
025 B000101 13-2655998
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SIGNATURE WILLIAM MINOVICH
TITLE ASST. TREASURER
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<NAME> PREMIER PORTFOLIO CLASS A SHARES
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</TABLE>
Securities Purchased in Underwritings Involving
Transactions with Donaldson, Lufkin, & Jenrette Securities Corporation
Subject to Rule 10f-3 Under the Investment Company Act of 1940
10f-3 TRANSACTIONS FOR THE PERIOD JULY 28, 1998 THROUGH AUGUST 31, 1998
ALLIANCE SELECT INVESTOR SERIES - PREMIER PORTFOLIO
Shares
Purchased
Date Shares Price per by Fund
Security* Purchased Purchased Share Group
Geocities 08/10/98 500 17.00 45,000
% of
Total Offering
Shares Purchased Shares
offered By Purchased Held
(000) Group(1) From 08/31/98
4,750 0.95% Goldman Sachs 0
* Unless otherwise indicated, the securities were part of an issue
registered under the Securities Act of 1933 and offered to the public.
** Indicates the purchase of an Eligible Rule 144A Security.
1) Purchases by all Alliance Funds, includ the Fund, may not exceed:
a) if purchased in an offering other than an Eligible Rule 144A
Offering, 25% of the principal amount of the offering of such
class; or
b) if purchased in an Eligible Rule 144A Offering, 25% of the total
of (i) the principal amount of the offering of such clas sold by
underwriters or members of the selling syndicate to qualified
institutional buyers, plus (ii) the principal amount of the
offering of such class in any concurrent public offering.
Securities Purchased in Underwritings Involving
Transactions with Donaldson, Lufkin, & Jenrette Securities Corporation
Subject to Rule 10f-3 Under the Investment Company Act of 1940
10f-3 TRANSACTIONS FOR THE PERIOD SEPTEMBER 1, 1998 THROUGH OCTOBER 31, 1998
ALLIANCE SELECT INVESTOR SERIES - PREMIER PORTFOLIO
Shares
Purchased
Date Shares Price per by Fund
Security* Purchased Purchased Share Group
EBAY, Inc. 09/23/98 800 $18.00 50,700
% of
Total Offering
Shares Purchased Shares
offered By Purchased Held
(000) Group(1) From 10/31/98
3,500 1.45% Goldman Sachs 0
* Unless otherwise indicated, the securities were part of an issue
registered under the Securities Act of 1933 and offered to the public.
** Indicates the purchase of an Eligible Rule 144A Security.
1) Purchases by all Alliance Funds, includ the Fund, may not exceed:
a) if purchased in an offering other than an Eligible Rule 144A
Offering, 25% of the principal amount of the offering of such
class; or
b) if purchased in an Eligible Rule 144A Offering, 25% of the total
of (i) the principal amount of the offering of such clas sold by
underwriters or members of the selling syndicate to qualified
institutional buyers, plus (ii) the principal amount of the
offering of such class in any concurrent public offering.
Report of Independent Accountants
To the Shareholders and Board of Directors of
Alliance Select Investor Series, Inc. - Premier Portfolio
In planning and performing our audit of the financial statements of
Alliance Select Investors Series, Inc. - Premier Portfolio (the "Fund") for
the period ended October 31, 1998, we considered its internal control,
including control activities for safeguarding securities, in order to
determine our auditing procedures for the purpose of expressing our opinion
on the financial statements and to comply with the requirements of Form
N-SAR, not to provide assurance on internal control.
The management of the Fund is responsible for establishing and maintaining
internal control. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected benefits and
related costs of controls. Generally, controls that are relevant to an
audit pertain to the entity's objective of preparing financial statements
for external purposes that are fairly presented in conformity with
generally accepted accounting principles. Those controls include the
safeguarding of assets against unauthorized acquisition, use or
disposition.
Because of inherent limitations in internal control, error or fraud may
occur and not be detected. Also, projection of any evaluation of internal
control to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the effectiveness of
the design and operation may deteriorate.
Our consideration of internal control would not necessarily disclose all
matters in internal control that might be material weaknesses under
standards established by the American Institute of Certified Public
Accountants. A material weakness is a condition in which the design or
operation of one or more of the internal control components does not reduce
to a relatively low level the risk that misstatements caused by error or
fraud in amounts that would be material in relation to the financial
statements being audited may occur and not be detected within a timely
period by employees in the normal course of performing their assigned
functions. However, we noted no matters involving internal control and its
operation, including controls for safeguarding securities, that we consider
to be material weaknesses as defined above as of October 31, 1998.
This report is intended solely for the information and use of management,
the Board of Directors of the Fund, and the Securities and Exchange
Commission.
/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
New York, NY 10036
December 15, 1998
Alliance Select Investor Series, Inc. Exhibit 77Q1 (a)
811-09176
Articles of Incorporation: Incorporated by reference to Exhibit 1 to
Registrant's Registration Statement on Form N-1A, filed with the
Securities and Exchange Commission on May 22, 1998.
Articles of Amendment to Articles of Incorporation: Incorporated by
reference to Exhibit 1(b) to Pre-Effective Amendment No. 1 to Registrant's
Registration Statement on Form N-1A, filed with the Securities and Exchange
Commission on June 30, 1998.
By-Laws: Incorporated by reference to Exhibit 2 to Pre-Effective Amendment
No. 1 to Registrant's Registration Statement on Form N-1A, filed with the
Securities and Exchange Commission on June 30, 1998.
Alliance Select Investor Series, Inc. Exhibit 77Q1 (e)
811-09176
Investment Advisory Agreement: Incorporated by reference to Exhibit 5 to
Pre-Effective Amendment No. 1 to Registrant's Registration Statement on
Form N-1A, filed with the Securities and Exchange Commission on
June 30, 1998.
