S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

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May 12 5:00 PM EST

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To: ToolManInc who wrote (13552)	8/31/1999 9:19:00 PM
From: Jan A. Van Hummel	Read Replies (1) of 14577

News on UMC today. This means S3's share in UMC will continue to increase in value. This alone should be worth $15/share. Taiwan Semiconductor Manufacturing Co., United Microelectronics Corp. and Singapore's Chartered Semiconductor Manufacturing Co., which together dominate the world's chip foundry market, are estimated to have a combined shortage worth NT$70 billion ($2.2 billion) next year, the Commercial Times reported, without citing sources. TSMC is expecting to win orders of 4 million eight-inch equivalent wafers in 2000, more than double the 1.87 million wafers slated for shipment this year, the paper said. UMC President Chang Chung-teh said the company will continue to raise its average selling prices on stronger-than-expected demand, it said. The foundry business -- in which chips are made to custom designs -- is expanding as the global semiconductor market recovers from a three-year slump.

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