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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?

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To: Zeev Hed who wrote (4446)	8/9/1999 8:55:00 AM
From: Ian@SI	of 4697

Zeev, Perhaps, demand is growing faster than we think... Ian August 9, 1999 Taiwan Semicon Mfg July Sales Up 117% On Yr At NT$6.59B TAIPEI -- Taiwan Semiconductor Manufacturing Co.'s (TSM) sales surged 117% in July to a record NT$6.59 billion (US$1=NT$32.129) from NT$3.03 billion a year previously, the world's largest pure chip foundry said in a press release on Monday. Month-on-month, sales were up 15% from June levels, it added. TSMC said its capacity was fully utilized last month amid continued growth in the chip market. Accumulated sales for January-July, meanwhile, amounted to NT$36.32 billion, up 19.6% from NT$30.37 billion during the same seven-month period in 1998, according to the release. Most listed companies are required to disclose their July sales figures by Aug. 10.

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