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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Greg h2o who wrote (45230)	9/23/1999 1:14:00 PM
From: Black-Scholes	Respond to of 50808

"UMC Group, another major chipmaker, said late Wednesday night that it hopes to get 70 percent power on Thursday. The company has begun getting replacements for damaged parts such as quartz furnace tubes."

To: Greg h2o who wrote (45230)	9/23/1999 1:18:00 PM
From: DiViT	Respond to of 50808

cbs.marketwatch.com Large- and small-scale effects Peck argued that even when electricity is fully restored to the two key semiconductor manufacturers in Taiwan, returning to normal is not as simple as throwing on a switch and resuming production. Wafer production is a delicate process, and the earthquake probably threw off critical alignments. It could well take weeks before manufacturing quality is up to par, Peck said. These problems should take the shine off semiconductor stocks, which have been trading at high valuations, he said. Traders should go short on them while long-term investors might want to buy on the dips, he said.