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

To: Ken Muller who wrote (7222)	4/5/2000 2:57:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

UMC closed @ 123.00 +1.00 vol 85,587,000 4th most active +++++++++++++ TAIWAN WEIGHTED closed @10186.17 +135.74 (+1.35%) +++++++++++ Taiwan Shrs End Near 10-Yr High; 1Q Pft, Mar Rev Outlook TAIPEI (Dow Jones)--Taiwan shares ended near a 10-year high Wednesday amid expectations that many companies would post bright first-quarter earnings and March revenues, said analysts. In addition, "there isn't any political disturbance," said Yeh Shun-tai, an analyst at President Securities Corp. Political uncertainty and China tensions rocked financial markets in the run-up to and right after the March 18 presidential election. Such worries have since eased. The Weighted Price Index of the Taiwan Stock Exchange closed up 135.74 points, or 1.35%, at 10186.17. Gainers outnumbered decliners 379 to 175 with 56 unchanged in trading at NT$279.2 billion (US$1=NT$30.455). The index fell 1.3% to hit an intraday low of 9923.74 early Wednesday after the Nasdaq Composite Index ended sharply lower for two straight sessions. However buying in Taipei soon emerged as investors believed Taiwan's sound economic fundamentals would support the market, said analysts. Local investors consider Nasdaq a barometer given the close trading ties between Taiwan and the U.S. The plastics sector led the gains Wednesday, with the subindex rising 6.53 points, or 4.9%, at 139.69 points. Among active plastics shares, Formosa Plastics Corp. surged NT$4.50, or the daily limit of 7%, to end at NT$73. Nan Ya Plastics Corp. were up NT$3 at NT$74. Both are key units in the Formosa Plastics Group. Investors are buying the shares of these companies as revenues are rising due in part to the startup of new plants in the group's no. 6 naphtha cracker complex, said analysts. Index May Test 11000 Pts By Apr 15 Wednesday Previous Change TSE Weighted Index 10186.17 10050.43 up 135.74 Communications issues bucked the trend, as sentiment in such stocks was damped by the tech-stock sellout in the U.S., analysts said. Among decliners in this sector, Pacific Electric Wire & Cable fell NT$1 to NT$38.00 while Far Eastern Textile was down NT$1.50 to NT$63.00. The two are parent companies of Taiwan's largest private mobile phone operators. However, buying in most electronics shares remained strong, partly because many of them are expected to pay handsome dividends in the second quarter. The electronics subindex gained 6.48 points, or 1.2%, to close at 562.93 points. Among active electronics shares, chipmaker Mosel Vitelic was up NT$2.50 to NT$90.50. Those of compact disc maker Ritek Corp. gained NT$4.00 to end at NT$303.00. May futures on the Taiwan Futures Exchange ended at 10470.00 on volume of 181 lots, up from 10,250 in the previous session. In Singapore, SGX Taiwan May futures contracts ended the day at 442.0 on volume of one lot, up from the previous close of 441.2. As the Taipei bourse has gained 19% in the past two weeks, analysts warn that profit-taking may intensify in coming sessions. Yet the market's run-up is expected to continue and the key index may test 11000 points by April 15, said President's Yeh.

To: Ken Muller who wrote (7222)	4/5/2000 3:18:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

<Asset valuation is too strong to resist> you got it. even with a 40% tax ALSC is worth min $25.55 <Haven't changed my mind on the management> dont blame you.. comp # of shares stock price Value per share BRCM 612,000 $204.00 $124,848,000.00 2.99 UMC 283,300,000 $123.00 $1,144,364,532.02 27.44 UMC-div*56,660,000 $123.00 $228,872,906.40 5.49 VTSS 852,000 $83.50 $71,142,000.00 1.71 CSMF 21,400,000 $14.80 $184,461,269.66 4.42 add money from umc $21,839,080.46 total $1,775,527,788.54 # of shares $41,700,000.00 alsc $42.58 40% tax rate $25.55

To: Ken Muller who wrote (7222)	4/6/2000 11:26:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Micron drops dumping charge against Taiwan DRAM makers Taipei, April 5, 2000 (CENS)--Producers of DRAM (dynamic random access memory) chips in Taiwan on Wednesday welcomed the decision by Micron Technology Inc. of the U.S. to retract an anti-dumping charge against more than a dozen of Taiwanese suppliers. But companies said they still have no plans to withdraw the countercharge against Micron Technology for alleged dumping of its products in Taiwan. Hu Cheng-ta, secretary general of the Taiwan Semiconductor Industry Association (TSIA), said Micron Technology filed the dumping case against Taiwanese suppliers to the U.S. Department of Commerce in October 1998. It later took the case to the international trade court after a rejection from the U.S. International Trade Commission (ITC). But the U.S. firm took a dramatic action to drop the case in late March. Hu said the 17-month legal battle represents a victory resulting from the cooperation of Taiwanese enterprises. He also attributed the positive development to the price changes of DRAM chips on the international market during the period. However, Hu said semiconductor companies in Taiwan have no plans to withdraw their countercharge against Micron Technology for allegedly dumping its products on the island. He said these are two separate cases. Although the International Trade Commission under the Ministry of Economic Affairs has made a preliminary ruling that Micron Technology did not cause harm to Taiwanese manufacturers on the domestic market, Hu said the companies will decide whether to appeal the case after they receive official notice from the commission.