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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 (9368)6/19/2001 1:54:34 AM
From: DJBEINO  Read Replies (1) of 9582
 
UMC (2303)closed @48.40 -1.60 vol 47,807,046 most active
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TAIWAN WEIGHTED closed @ 5039.06 -31.46 (-0.62%)
Day's Range :5030.51 - 5089.57
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UMC warns of poor June sales while TSMC is more optimistic. UMC (2303 TT) expects to post sales of NT$4.6bn for June, declining 7% mom and 48% yoy, as the company announced that its total sales revenue in 2Q01 will drop 35% qoq. UMC seems to be suffering from high telecom exposure: 48% of its sales in 1Q01 came from the telecom sector compared with 31% for TSMC (2330 TT). Meanwhile, TSMC still insists that it can report flat sales in June.
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