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

To: Ram Seetharaman who wrote (5915)	9/3/1999 1:25:00 AM
From: DJBEINO	Respond to of 9582

UMC 2303 closed @79.50 - 2.00 vol 124,959,732 2nd most active ++++++++++ Korea's Kospi index rose 17.63 to 916.60 Chipmakers led gains as the price of its main product continues to climb. The spot market price of the industry standard 64-megabit dynamic random access memory chip rose 18.7 percent this week to $8.89, close to twice the break-even price for the product. The price has more that doubled since it slumped to a record low in early July. Samsung Electronics Co. the world's largest memory chipmaker rose 7.1 percent to 241,0000. Samsung gets over a third of its sales from its semiconductor division. Hyundai Electronics Industries Co. rose 5.5 percent, to 37,450. Hyundai Microelectronics Co. rose 6.1 percent, to 26,200 won. Taiwan's benchmark TWSE Index fell 0.8 percent to 8160.78 led by electronics companies. Major stocks favored by foreign investors, such as Taiwan Semiconductor Manufacturing Co., fell on concern a four-week, 21 percent rally in the benchmark index has pushed stocks higher than is justified by the outlook for corporate profits.