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Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: AJ Berger who wrote (5254)7/5/1999 9:15:00 PM
From: Woody_Nickels  Read Replies (1) | Respond to of 9582
 
Mr. Berger, ALSC and UMC were partners in a wafer fab in Taiwan. UMC
is buying out it's partners and ALSC will receive 280M shares of UMC
in the deal, which will be finalized before the end of the year.
Currently UMC is trading for about $70NT per share. ALSC will benefit
by approx. US$600M from an original US$150M investment.
You might want to go back and read posts beginning around mid June.