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

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To: scott mcdowell who wrote (8072)8/3/2000 1:54:48 AM
From: DJBEINO   of 9582
 
UMC closed @ 74.00 +0.50 vol 34,754,554
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TAIWAN WEIGHTED closed @ 7844.93 -71.92 (-0.91%)
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BUY: Mosel Vitelic Inc. (2342.TW) - price NT$54.00 ($1=NT$31.086). Demand for the chipmaker's products is expected to increase significantly in the second half of the year, the traditional peak season for computer sales.
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LONG-TERM BUY: Winbond Electronics Corp. (2344.TW) - NT$73.50. The chipmaker is riding on the tide of recovering semiconductor industry, which makes it a good long-term play. The chipmaker's 2000 EPS will likely reach NT$6.
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