looks like a guitar to me
:-)

I suspect that this particular guitar is probably based on the California Special model.  
 
But remember that with Alembics the model titles are not explicit because they indicate only what baseline package the customization was based upon.  
 
Regards
-- Eugene

That looks like a super Exploited Strat.
hahaha
 
 
Jazzyvee

Well, probably a three position switch for a pickup selector and the knobs would be one of three configs: vol/filter/filter, vol/vol/filter, or vol/bass/treble.  I don't think you can give it a model name that fits, though.  An interesting and simple instrument that I would personally love to play.

Reminds me of the Vector shape.

Interesting serial number.

Oh ..
Hi Jim, welcome to the club!

maybe its one of the models they let the japanese
make

It has USA stamped on the neck so it wasn't made in Japan. I'm curious as to what the RST in the serial stands for.
 
Keith

What ever it is it's NICE!

Don't forget vol/pan/filter.
 
Peter

I bought it in Japan so maybe it was a special run for the Japanese market? I know Gibson makes TONS of special runs for Japan but I didn't think Alembic really made enuff guitars at all to even get into that.
 
It is active somehow. PUPS I think.
I am going to sell it so if you folks look in the usuall places you might see it for sale.
Even if you are not interested in buying you can see some nicer pics.

I would almost guarantee it was a US made custom for a Strat player that wanted Alembic tone.  I suspect the value is in the Electrum vicinity as an actual playing guitar, but you never know on the aesthetics if it will resonate or not.  
 
Feel free to post a price and maybe you can avoid the hassles and costs of eBay.  You'll also want to confirm what the knobs do and describe the condition in more detail.  For example, is there any fret wear?  
 
Peter, I doubt you'd have vol/pan/filter along with a three way pickup selector switch.

I don't know about guitars but Alembic has made special basses for the Japanese market in the past. So it is possible this was made for the Japanese market. It might also be similar to the Jazz Bass style Alembics a dealer in the UK has. In that case the dealer custom ordered them for his local market.  
 
 
Keith