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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 (9003)	12/11/2000 2:19:03 AM
From: DJBEINO	Read Replies (3) of 9582

UMC (2303) closed @ 52.00 unc vol 35,452,753 3rd most active +++++++++ TAIWAN WEIGHTED closed @ 5284.41 +31.58 (+0.60%) Day's Range :5237.19 - 5300.30 ++++++++ BUY: United Microelectronics Corp. (2303.TW) - price NT$52.00. The chipmaker is also set to post strong long-term growth given the outlook for the foundry sector, despite the current slowdown in the semiconductor sector. As a foundry, it's also less exposed to the maturing PC market. Look for a long-term target price of NT$140.00. +++++++ MSCI To Keep Taiwan Weight At 80%.MSCI adoption of "free float" announced Inclusion factor for MSCI constituent stocks is equal to its estimated free float rounded up to the closest 5% for all constituents with free float equal to or exceeding 15%.@ (Chunghwa Telecom (2412) has less than 3% float now, TSMC has approximately 55% and UMC approximately 85%.)

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