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Technology Stocks : Taiwan Semiconductor (NYSE: TSM)
TSM 331.36-2.9%2:50 PM EST

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To: fut_trade who wrote (484)5/11/1999 6:07:00 PM
From: Artslaw  Read Replies (1) of 684
 
Support at 21 3/4

That's where I bought at today's market open: I'm the support. :) Actually had a limit order higher than that, so was pleased not to get stuck even higher.

I think we've all known that this ADR conversion was going to happen (that's why I sold around 26 a few weeks ago), and the stock has been anticipating it (i.e. falling) for a few days.

My actual concern right now is this China embassy issue. I smell a little instability and don't like it. However, I'm back in rather strongly, so let's see what happens.

Steve
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