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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 (9041)12/21/2000 1:26:09 AM
From: DJBEINO  Read Replies (1) of 9582
 
UMC (2303) closed @ 43.80 - 1.50 vol 7,663,252
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TAIWAN WEIGHTED closed @ 4817.22 -130.67 (-2.64%)
Day's Range :4797.27 - 4834.76
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The Ministry of Finance hasn't asked local banks to help support the stock market, contrary to some local media reports, Taiwan's Vice Finance Minister Sean Chen said Thursday.
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United Microelectronics Corp., TSMC's rival, added to losses, falling 3.3 percent to NT$43.80, after an analyst at CLSA Ltd. yesterday cut the stock's rating to a ``sell'' from ``buy.''
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The revenue warning on Thursday by Chartered Semiconductor Manufacturing (NasdaqNM:CHRT - news) came as little surprise to a market waiting for it to confirm shrinking chip demand and excess capacity in the industry.
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