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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: DJBEINO who wrote (7157)	3/23/2000 12:27:00 AM
From: Czechsinthemail	Read Replies (3) of 9582

from Bloomberg: United Microelectronics, a computer chip producer and the second-largest company by market value, rose 6.8 percent to NT$109.50. Taiwan Semiconductor Manufacturing Co., a computer chipmaker and the island's largest company by market value, rose 5.7 percent to NT$203. ``From June onwards, we see strengthening demand,' said Gurinder Kalra, head of technology research Asia-Pacific for Morgan Stanley Dean Witter. ``On the supply side there isn't much new capacity.' That increases the value of ALSC's holdings of UMC by about $64.5 million (about $1.50 per share)

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