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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

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To: Lutz Moeller who wrote (6693)12/24/1999 12:48:00 AM
From: DJBEINO  Read Replies (2) of 9582
 
Taiwan Hot Stk: UMC Up On Pft Potential, New Plant Report

TAIPEI (Dow Jones)--Shares of United Microelectronics Corp. (Q.UME) are rising early Friday as investors expect the chipmaker to generate solid profits next year amid the continued recovery in the global semiconductor industry.
In addition, the stock was boosted by news that it will join hands with Japan's Hitachi to set up a US$2 billion 12-inch wafer plant.

Around 0145 GMT (8:45 p.m. EST Thursday), United Microelectronics' stocks were NT$2.5 (US$1=NT$31.62) higher at NT$103 on volume of 35.6 million shares.
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