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

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To: DJBEINO who wrote (8906)11/7/2000 1:48:14 AM
From: DJBEINO  Read Replies (1) of 9582
 
UMC (2303) closed @ 65.50 + 4.00 vol 150,959,971 most active
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Nov 6 net purchase 31,006m shares
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TAIWAN WEIGHTED closed @ 5877.77 +220.29 (+3.89%)
Day's Range :5720.89 - 5877.77
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UBS' Liu has ``buy'' recommendations on Taiwan Semiconductor and rival United Microelectronics and sees ``30 percent to 40 percent upside'' in their share prices over the next 12 months.
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MSCI Taiwan Index weightings as of November 6, 2000. According to MSCI the following are the top weightings: TSMC (2330, 21.95%), UMC (2303, 12.14%),
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Sony Corp. (SNE or 6758) has decided to outsource production of chips to Taiwan Semiconductor Manufacturing Co. (TSM) and United Microelectronics Corp. (2303.TW), reports the Economic Daily News. It's the first time the Japanese company has contracted out chip manufacturing to Taiwan. TSMC and UMC are expected to make Play Station II, MP3 chips and mobile phone chips.
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