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Technology Stocks : Taiwan Semiconductor (NYSE: TSM)
TSM 348.85+5.5%Feb 6 9:30 AM EST
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To: gial who wrote (516)6/4/1999 8:55:00 AM
From: Sun Tzu  Read Replies (1) of 684
 
Thanks for the update. I also wonder how much of the jump in the local market is due to the expectation that they can dump it in ADR form in US in a year. Is there a way to get the current stock quote in the Taiwan market?

I agree with you that semicaps in particular and semies in general have risen too much too fast and that the current fundamentals does not support their valuations. At the same time, I think speciality fabless companies like TSM will do great in the future.

ST
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