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Technology Stocks : Alliance Semiconductor

ALSC 0.810

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Jul 10 5:00 PM EST

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To: Ken Muller who wrote (8280)	8/24/2000 1:35:40 AM
From: DJBEINO	Read Replies (2) of 9582

UMC closed @ 86.00 +1.50 vol 45,204,000 the most active ++++++++++++++ Aug 22 net purchase 1,738m shares ++++++++++= TAIWAN WEIGHTED closed @ 8098.84 -19.21 (-0.24%) ++++++++ the light structural damage from the typhoon is also helping sentiment, said Alan Tseng, assistant manager at Capital Securities Corp. He said the main index will probably consolidate between 8100 points and 8200 points Thursday. +++++++++ Taiwan's United Microelectronics Corp. and Winbond Electronics Corp. gained as they're considered cheap relative to their earnings growth potential. ``The sexiest sectors we have in the market now are chipmakers and component makers,'' said Winston Barnes, a senior manager at WestLB Securities Pacific Ltd.'s equity division. ``We are buying more shares as there is an up trend in the next month,'' He forecasts Taiwan electronic companies' earnings per share in 2000 will grow 42 percent and will rise 32 percent in 2001

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