Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: JungleCat who wrote (48743)	9/28/1999 3:15:00 PM
From: yousef hashmi	Respond to of 53903

-- TSMC Wafer Process Equipment Recovers Steadily; Impact on Sales Revenue for -- September and Q4 Estimated at $88.2 Million Business Editors & High-Tech Writers SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 28, 1999--Taiwan Semiconductor Manufacturing Company (NYSE:TSM) said at 11:00 a.m. PDT, that 90 percent of the company's wafer process equipment has been released for production. "We are beginning to accept new tape outs and engineering starts," said Ron Norris, senior vice president of sales and marketing for TSMC. "While cycle time may be longer than normal, we do anticipate an imminent return to high-volume production." TSMC estimates the earthquake's impact on sales revenues for September and Q4 may total NT $2.8 billion (US $88.2 million). The company estimates that 28,000 wafers were scrapped as a result of the earthquake. However, with insurance coverage, the full impact on the company's profits is not expected to exceed NT $1 billion (US $31.5 million). As reported earlier, TSMC is operating at 100 percent of its normal power allocation and its DI water facilities are fully operational. In addition, TSMC's mask shop and test areas are operating at 100 percent of their capability. Editor's note: Financial figures are based on today's conversion rate of NT $31.75 per US $1.00, as published in the Wall Street Journal. --30--cmf/sf* CONTACT: TSMC North America Dan Holden, 408/451-2282 Cell phone, 408/910-1141 dholden@tsmc.com Chuck Byers, 408/451-2208 Cell phone, 408/691-3833 cbyers@tsmc.com KEYWORD: CALIFORNIA INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Symbols: US;TSM Source: BW - Business Wire

To: JungleCat who wrote (48743)	9/28/1999 3:18:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

jc, so until today, mu's oem pricing was $7.50 or less. I'd venture that mu has been breakeven or slightly better for the first month of the q. this raise to $9, is the first really good news mu has had (spot pricing was good news, not really good news, b/c so little of mu's biz is conducted there) in a very long time. this move puts them well above profitability for their main biz (thank goodness for strategic earthquakes! ;-) they better report good numbers in dec! and the stock moves down on the first big good news. amazing! granted, it is way too high. the ignorati don't know this, though.