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Technology Stocks : Alliance Semiconductor

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Jul 10 5:00 PM EST

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To: Paul Lee who wrote (2618)	2/23/1998 4:48:00 PM
From: DJBEINO	Read Replies (1) of 9582

National plans Taiwan electronic warrants Reuters, Monday, February 23, 1998 at 03:29 Each basket consists of: United Microelectronics (TW:2303) 0.15 share First International Computer (TW:2319) 0.15 share Compal Electronics (TW:2324) 0.15 share Yageo Corp (TW:2327) 0.10 share Macronix International Corp (TW:2337) 0.10 share Mosel Vitelic Inc (TW:2342) 0.15 share Winbond Electronics Corp (TW:2344) 0.10 share Acer Peripherals Corp (TW:2352) 0.10 share Details of National's warrants are as follows: STRIKE PRICE T$79.10 PREMIUM 27.00 pct ISSUE PRICE* T$21.375 GEARING* 3.70 times EXPIRATION 12 months MIN EXER LOT 1,000 LISTING TAIEX SETTLEMENT Cash/Stock REFERENCE SPOT T$79.10 LISTING DATE To be determined * Based on traders' calculations. Refer to firm's term-sheet of the warrant for official figures.

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