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Politics : Formerly About Applied Materials
AMAT 267.87-0.6%Dec 5 9:30 AM EST

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To: StanX Long who wrote (63562)5/9/2002 2:19:54 AM
From: StanX Long  Read Replies (1) of 70976
 
STOCK ALERT - TSMC, UMC higher on Wall St rally
-- AFX - Asia, 5/9/2002

e-insite.net

Taiwan Semiconductor Manufacturing Co Ltd and United
Microelectronics Corp shares were higher in early trade, with sentiment
bolstered by Wall Street's strong showing overnight and particularly by gains in
the Philadelphia semiconductor index, dealers said.

At 9.10 am, TSMC was up 4.00 twd 87.00 on volume of 5.74 mln shares and UMC
was up 1.80 at 51.50 on 6.89 mln shares.

Sharp gains in their ADRs overnight also helped offset foreign investors'
selloff in the two companies common shares here and lingering concerns over the
drought affecting the island.

Foreign investors were net sellers of 20.46 mln shares in UMC yesterday and
7.31 mln TSMC shares.

al/jv
For more information and to contact AFX: www.afxnews.com and
www.afxpress.com
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