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Technology Stocks : Alliance Semiconductor

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Jul 10 5:00 PM EST

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To: Ram Seetharaman who wrote (8319)	9/1/2000 1:18:35 AM
From: DJBEINO	Read Replies (1) of 9582

UMC closed @ 79.00 - 3.50 vol 44,071,329 ++++++++++= TAIWAN WEIGHTED closed @ 7420.06 -196.92 (-2.59%) ++++++++ Premier Tang Fei, the island's second highest ranking official, yesterday called for patience while the government tries to root out financial fraud. Prosecutors this week raided Chang Hwa Commercial Bank, the island's eighth-biggest bank. The probe followed raids earlier this month on a prominent legislator who occupies senior positions at a number of property and media business groups. +++++++ Taiwan's TWSE fell 2.6 percent, after a government official urged investors to endure short-term ``pain'' as the cost for government efforts to root out financial fraud.

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