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


To: tony schwarz who wrote (45539)9/28/1999 4:20:00 PM
From: Black-Scholes  Read Replies (1) | Respond to of 50808
 
I don't like the fact that CUBE's volume today is less than half of yesterday's. I want this FED meeting behind us.



To: tony schwarz who wrote (45539)9/28/1999 5:19:00 PM
From: JPM  Read Replies (2) | Respond to of 50808
 
TSM is back in business...

SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 28, 1999--Taiwan Semiconductor Manufacturing Company (NYSE:TSM -
news) 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.