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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 (9403)7/19/2001 3:14:51 AM
From: DJBEINO  Read Replies (2) of 9582
 
UMC (2303)closed @34.50 -1.90 vol 55,541,213 2nd most active
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July 18 net purchase 1,967,000 shares
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TAIWAN WEIGHTED closed @ 4190.78 -29.11 (-0.69%)
Day's Range :4065.64 - 4238.34
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UMC will withdraw from Trecenti Technologies, its joint venture with Hitachi Japan, according to the “Economic Daily.” So far, UMC (2303 TT) has shifted some of Xilinx's orders to Trecenti, but Hitachi has been somewhat reluctant to transfer its orders, and thus, UMC feels that it would be better to switch Xilinx's orders back to Taiwan. Rumor also has it that UMC has to recognize an NT$2bn loss from Trecenti Technologies.
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