Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 221.06

-1.1%

Jan 5 3:59 PM EST

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To: Mani1 who started this subject	1/23/2002 8:14:43 AM
From: dhellman	Read Replies (3) of 275872

<font color=green>AMD taking 20 to 30 percent stake in UMC TAIPEI, Jan 23, 2002 (AFX-Asia via COMTEX) -- Advanced Micro Devices Inc is likely to take a 20-30 pct stake in United Microelectronics Corp via the acquisition of UMC ADRs to be offered by State Stabilisation Fund, the United Evening News reported, citing rumours circulating in institutional investor circles. The State Stabilisation Fund is to dispose of its existing holdings in UMC common shares via an ADR issue after the Lunar New Year, the paper added. Earlier UMC said it had no comment on rumours that AMD is interested in taking a stake in the company. UMC closed up 0.90 twd at 48.40. al/tr

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