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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: DJBEINO who wrote (8971)	12/1/2000 2:08:26 AM
From: DJBEINO	Read Replies (2) of 9582

UMC (2303) closed @ 53.50 + 1.50 vol 66,861,093 2nd most active +++++++++ TAIWAN WEIGHTED closed @ 5342.06 +85.13 (+1.62%) Day's Range :5163.23 - 5342.06 ++++++++ Banks can write off 2000 stock losses over 10 years. Penalties for stock investment in 2000 were just reduced as Taiwan's Finance Ministry announced that banks can write off stock investment losses for up to 10 years. This may discourage banks from selling shares at current depressed market values. ++++++++++++++ Taiwan shares turn higher on hopes Nasdaq will open higher later (Nasdaq stock futures up more than 1% in Asia screen trade), says dealer; index up 1% at 5304 minutes before close after spending most of session in negative territory ++++++++++++ Taiwan's November inflation is expected to show slight growth, which may allow the central bank the leeway it needs to begin a loosening of monetary policy early next year, say economists. ++++++++++ United Microelectronics Corp., the second-biggest chipmaker by market value, rose 2.9 percent to NT$53.50. The company said it's prepared to buy back its shares if their price again falls below the NT$50 level.

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