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

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To: Ram Seetharaman who wrote (8319)9/1/2000 8:38:42 AM
From: DJBEINO  Read Replies (1) of 9582
 
UMC Will Issue ADR in September 2000
by: shinshengl 8/31/00 8:27 pm
Msg: 11467 of 11474

Economic Daily News in Taiwan reporting today that UMC will issue ADR in September, and ADR
will be sold at 50% premium of UMC stock price.
ALSC own 340M shares of UMC, which is approx.
$1.1 Billion, and may have additional gain of
50% premium over current value in terms of ADR.

ALSC's core business 16M DRAMs are in shortage now,price go from $3 to $4.25/pc now, delivery leadtime is more than 20 weeks.
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