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

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To: Peter H. Mack who wrote (7480)5/10/2000 5:44:00 PM
From: DJBEINO  Read Replies (1) of 9582
 
<<The UMC dividend went x today for 20%
I also note that UMC is at $88 vs 106 previous.

I take it that the div will be paid in cash and the price of UMC is now adjusted for that. ??
The net ALSC improvement appears to be a small positive.
Am I correct?
>>

The div is paid in stock. the price was adjusted 20% down to 87, and UMC closed up one to 88 or $11m more to alsc
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