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Technology Stocks : Alliance Semiconductor

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Jul 10 5:00 PM EST

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To: DJBEINO who wrote (8946)	11/20/2000 1:46:16 AM
From: DJBEINO	of 9582

Israel's Tower Semiconductor Gets $250M Govt Plant Grant Updated: Sunday, November 19, 2000 11:09 AM ET JERUSALEM (Dow Jones)--Tower Semiconductor Ltd. (TSEM, news, msgs) has received a $250-million government grant toward construction of its planned $1.25 billion plant in northern Israel, the Ministry of Industry and Trade said Sunday. Construction is due to begin within weeks, a ministry official said. On Thursday, Tower said its shareholders approved the company's plan to build a second wafer fabrication plant in Migdal Ha'emek, Israel. Alliance Semiconductor Corp. (ALSC, news, msgs), SanDisk Corp. (SNDK, news, msgs) and Toshiba Corp. (J.TOS, news, msgs) already have made investments

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