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Technology Stocks : Alliance Semiconductor

ALSC 0.810

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Jul 10 5:00 PM EST

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To: DJBEINO who wrote (1925)	11/5/1997 11:38:00 PM
From: DJBEINO	Read Replies (1) of 9582

TI-Acer sees 1998 net profit 2.60 bln twd AFX, Wednesday, November 05, 1997 at 03:03 TAIPEI (AFX-ASIA) - Acer Inc unit TI-Acer Inc said it forecast 1998 net profit of 2.60 bln twd, compared with a 1997 estimate of 1.87 bln twd in net loss. TI-Acer said sales in 1998 are expected to reach 20.65 bln twd, compared with a 1997 prediction of 12.36 bln twd. A senior company official said the much higher profit forecast for 1998 was made based on expectations of a rebound in DRAM prices. The official said the company also expects its competitiveness to be enhanced after it shifts to 8-inch wafer production from 6-inch.

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