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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 (9190)2/20/2001 3:09:18 AM
From: DJBEINO  Read Replies (2) of 9582
 
UMC (2303) closed @ 58.00 - 1.50 vol 72,449,937 2nd most active
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Feb 19 net purchase 3,169,000 shares
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TAIWAN WEIGHTED closed @ 5971.29 +33.99 (+0.57%)
Day's Range :5949.35 - 6079.62
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HONG KONG (Dow Jones)--The U.S. slowdown has been especially bad news for the Taiwan and South Korean economies, but you'd never know it from the bullish signals now being telegraphed by their stock markets.

Underlying these performances is the conventional wisdom that the U.S. is currently in the downward slope of a "V-shaped" cycle and that Asian electronic exporters will bounce right back up by midyear. "We're forecasting a fairly sharp bounce back in the second half of the year. It could be the stock market is discounting the bad news," said the Lehman economist.

At Monday's close, the Taiwan Weighted Index held a 25% gain so far this year, while the South Korean Kopsi was up 18%.
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SEOUL, Feb 20 Asia Pulse - Samsung Electronics Co. (KSE:03950) is paying close attention to major Japanese and Taiwanese semiconductor producers' moves to scale down their facilities investments and may reduce its own level of investment this year if the trend continues, industry sources said Tuesday
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