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Technology Stocks : Alliance Semiconductor

ALSC 0.810

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Jul 10 5:00 PM EST

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To: donjuan_demarco who wrote (9063)	12/27/2000 1:44:50 AM
From: DJBEINO	of 9582

UMC (2303) closed @ 45.20 +0.40 vol 95,209,271 most active +++++++++ TAIWAN WEIGHTED closed @ 4614.63 -106.73 (-2.26%) Day's Range :4602.95 - 4663.65 ++++++++ United Microelectronics Corp. (2303.TW) Chairman John Hsuan said he expects the chip foundry to post reasonable growth next year, reports the Economic Daily News. Hsuan also said UMC has no plans to invest in mainland China or to merge with arch-rival Taiwan Semiconductor Manufacturing Co. (TSM). ++++++++++++ TRADING BUY: United Microelectronics Corp. (2303.TW) - NT$44.80. Recommended because of the company's confident outlook for the semiconductor business indicated by its move to buy back 400 million shares in the next two months

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