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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 (9071)1/2/2001 1:51:23 AM
From: DJBEINO  Read Replies (1) of 9582
 
UMC (2303) closed @ 49.60 +2.70 vol 120,545,000 most active
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TAIWAN WEIGHTED closed @ 4935.28 +196.19 (+4.14%)
Day's Range :4678.00 - 4945.09
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Taiwan's TWSE index rallied 4.1 percent on expectations the parliament will today pass the 2001 budget.

Stocks also gained after President said in his New Year address for the first time that a ``one-China'' principle is consistent with the island's constitution, fuelling optimism of formal trading ties with the mainland
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7% daily down-limit re-instituted. Downward pressure on Taiwan blue-chip shares sharpens focus on inexpensive share valuations through 1Q00. Global (foreign) investors can buy up to 100% of most Taiwan shares starting today
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BUY: United Microelectronics Corp. (UMC) - price NT$46.90 ($1=NT$33.992). The world's second-largest chip foundry's fourth-quarter financial performance is expected to be on target, while its stock price has also tumbled to low levels due to concerns over semiconductor demand during the first half of 2001.

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Taiwan trading hours extended to 1:30pm. Start 9:00am. After hours trading from 2:00pm to 2:30pm.
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