Taiwan Semiconductor (NYSE: TSM) Message Board

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Technology Stocks : Taiwan Semiconductor (NYSE: TSM)

TSM 325.75

-3.0%

Feb 4 3:59 PM EST

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To: tom who wrote (492)	6/2/1999 4:37:00 AM
From: tom	Read Replies (1) of 684

I have just been informed that foreign investors holding local TSMC stock will not be allowed to convert it into ADR form. Only local investors will be allowed to do this. If this isn't an example of the Taiwanese government screwing foreigners (yet again) then I don't know what is. The only bright spot is that it might count against them in MSCI negotiations.

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