Alliance Semiconductor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Alliance Semiconductor

ALSC 0.810

0.0%

Jul 10 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DJBEINO who wrote (9430)	8/2/2001 1:47:35 AM
From: DJBEINO	Read Replies (1) of 9582

UMC (2303)closed @40.20 +1.10 vol 72,389,239 2nd most active +++++++++ August 1 net purchase 23,831,000 shares +++++++ TAIWAN WEIGHTED closed @ 4490.19 +135.67 (+3.12%) Day's Range :4379.66 - 4490.19 +++++++++++ Merrill Lynch analyst Dan Heyler yesterday upgraded his recommendation on TSMC and UMC to ``buy'' from ``accumulate'' saying that chip demand is showing signs of bottoming. ``There are a lot of reports that the foundry industry deserves a buy now,'' said Michael Ding, chief investment officer at International Investment Trust Ltd., which manages $2.55 billion in investments. ``Long term of course it's going to be a good buy. The foreign investors in Taiwan think the foundry guys are at the bottom now.''

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next