Formerly About Applied Materials 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.

Politics : Formerly About Applied Materials

AMAT 267.87

-0.6%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StanX Long who wrote (63608)	5/10/2002 12:24:37 AM
From: StanX Long	Read Replies (1) of 70976

STOCK ALERT - TSMC lower as ADR weakness outweighs Q2 guidance -- AFX - Asia, 5/10/2002 e-insite.net Taiwan Semiconductor Manufacturing Co Ltd was down 1.00 twd at 84.00 on volume of 2.00 mln shares as the fall in its ADRs outweighed the company's positive guidance for the second quarter, dealers said. TSMC has said it expects overall capacity utilisation to rise to 80 pct in the current quarter from 67 pct in the previous quarter, with average selling prices essentially unchanged while wafer shipments will be up by about 20 pct. Accordingly, Merrill Lynch raised its net income estimate for TSMC this year to 39.4 bln twd from 35 bln. For 2003, Merrill Lynch also raised its earnings forecast to 0.54 usd per ADR or 3.76 twd for the local stock, raising its net income projection to 70.1 bln twd from 67.1 bln. al/zr For more information and to contact AFX: www.afxnews.com and www.afxpress.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next