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Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

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To: TH who wrote (8824)	10/25/2000 1:32:45 AM
From: DJBEINO	Read Replies (2) of 9582

UMC (2303) closed @ 65.00 +2.50 vol 158,337,097 2nd most active +++++++++ TAIWAN WEIGHTED closed @ 6023.78 +105.15 (+1.78%) Day's Range :5898.97 - 6035.17 ++++++++ TSMC trades at 20 times this year's projected earnings, according to analysts' estimates compiled by research group IBES International Inc., while UMC trades at 17 times. Both stocks trade at less than the key index's multiple of 25. ``During our recent marketing trip, the vast majority of Asia- Pacific investors appeared to be underweight (Taiwan) and seem inclined to add to positions,'' said Spencer White, the head of research at Merrill Lynch Taiwan Ltd.

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