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


To: Ram Seetharaman who wrote (5834)8/18/1999 1:01:00 AM
From: DJBEINO  Respond to of 9582
 
ALLIANCE SEMICONDUCTOR CORP /DE/ has filed a Form 10-Q with the United
States Securities and Exchange Commission.

Click on the following hyperlink to view this filing:
freeedgar.com



To: Ram Seetharaman who wrote (5834)8/18/1999 7:04:00 AM
From: DJBEINO  Respond to of 9582
 
From ALSC 10-Q:

1-At June 30, 1999, the Company had approximately $16.8 million of non-cancelable purchase commitments with suppliers. The Company expects to sell all products which it has committed to purchase from suppliers.

2-Subsequent to June 30, 1999, the Company sold 150,000 shares of Broadcom stock and realized a pre-tax gain of approximately $3.7 million.

3- The Company is currently conducting a company-wide year 2000 readiness assessment and has recently completed implementing a new management information system which the Company believes is year 2000 compliant.

4- The Company manufactures (wafer fabrication) SRAMs in Singapore (and has manufactured SRAMs in Japan as well), and may be able to support its U.S. customers with such
products, which are not subject to antidumping duties



To: Ram Seetharaman who wrote (5834)8/18/1999 1:50:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
Winbond sees sharp second half growth
TAIPEI, Aug 18 (Reuters) - Taiwan semiconductor maker Winbond Electronics said on Wednesday it expects a ''significant breakthrough'' in profits and sales in the second half of 1999 due to strong demand for DRAM chips.

Winbond, one of Taiwan's leading makers of dynamic random access memory chips, said volatile DRAM prices have showed signs of stabilising from July.

''We expect the DRAM prices to remain stable in the third and fourth quarters,'' the firm said in a statement.

''Amid persistent recovery of the semiconductor industry as well as Winbond's improved technology and expanded production, we expect a significant breakthrough in second-half sales and profit,'' it said, without giving an exact forecast.

It said Winbond's board meeting on Wednesday adopted the company's first-half financial statement, with net profit of T$660 million on sales of T$12.999 billion.

Winbond's first-half earnings per share were T$0.23.

Winbond said it would shift its DRAM production to 0.175 micron DRAMs from 0.2 micron from the end of 1999.

biz.yahoo.com