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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 (2689)	3/4/1998 11:50:00 AM
From: DJBEINO	Read Replies (1) of 9582

Taiwan Masterlink sets United Micro warrants TAIPEI, March 4 (Reuters) - Taiwan Stock Exchange said on Wednesday that Masterlink Securities <6006.TWO> had applied to issue 20 million American-style stock call warrants on United Microelectronics Corp (TW:2303). The warrants, after the expected approval by regulators, would be listed on the Taiwan Stock Exchange, officials said. Each warrant would be equal to one share of United Microelectronics Corp, officials said. Details of the Taiwan Masterlink's warrants are as follows: STRIKE PRICE T$91.00 PREMIUM 28.36 pct ISSUE PRICE* T$25.81 GEARING* 3.53 times EXPIRATION 12 months MIN EXER LOT 1,000 LISTING TAIEX SETTLEMENT Cash/Stock MARCH 4 CLOSE T$91.00 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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