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

To: Allen Furlan who wrote (5560)7/25/1999 9:43:00 PM
From: scname  Respond to of 9582
 
Best thing SIII,ALSC and TRID can do with their UMC shares
is issue tracking American ADRs. Maybe distribute them to
you and I.. TSMC 's ADR is trading at 30% premium over their Taiwanese counterpart, expect UMC's ADR to do just as well.

I don't see any reason they can't do this, someone call the
companies.



To: Allen Furlan who wrote (5560)7/25/1999 10:19:00 PM
From: Ken Muller  Read Replies (1) | Respond to of 9582
 
Allen:

Re: your question on UMC stock

<<The merger is subject to shareholders and government approval and is expected to close before the end of the calendar year. According to UMC, the UMC shares received by Alliance (and S3) are expected to be subject to a six-month "lock-up" or no trade period before the shares become freely tradable in Taiwan>>

I have no other answers as to what ALSC intends to do.

Ken


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