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

To: Doug Simpson who wrote (7231)	4/6/2000 9:10:00 PM
From: Ram Seetharaman	Respond to of 9582

Based on DJB's previous posting as below this should free up lot of cash for ALSC perhaps for another round of stock buybacks! Message 13287578

To: Doug Simpson who wrote (7231)	4/6/2000 9:21:00 PM
From: Ram Seetharaman	Read Replies (2) \| Respond to of 9582

ALTERNATE VERSION OF THE NEWS! zdii.com

To: Doug Simpson who wrote (7231)	4/6/2000 11:16:00 PM
From: DJBEINO	Respond to of 9582

CHARTERED SEMICONDUCTOR MANUFACTURING LTD has filed a Form F-1 (Registration Statement for Foreign Issuers) with the United States Securities and Exchange Commission. Click on the following hyperlink to view this filing: freeedgar.com

To: Doug Simpson who wrote (7231)	4/7/2000 12:45:00 AM
From: DJBEINO	Respond to of 9582

UPDATE 1-Taiwan UMC plans T$60 bln ADRs TAIPEI, April 7 (Reuters) - United Microelectronics Corp (UMC) , Taiwan's number two microchip maker, said on Friday it plans to issue American Depositary Receipts (ADRs) in the United States in June to raise more than T$60 billion. Funds raised would be used for expansion, to buy equipment and finance daily operations as well as aid the firm's internationalisation, company spokesman Alex Tseng told Reuters. UMC plans to issue up to 600 million common shares for the ADR issue, he said by telephone. The firm's annual shareholders meeting was expected to approve the proposal later on Friday, he said. UMC announced the ADR plan in October but did not give the size of the issue or other details. UMC has said it was launching several expansion projects, hoping to reach annual capacity of 2.4 million eight-inch-equivalent wafers in 2000, 3.0 million in 2001 and 4.0 million in 2002, up from 1.7 million in 1999. In January, UMC teamed up with top U.S. and German firms to develop advanced chipmaking processes, aiming to outperform its rivals with technology instead of capacity. Together with International Business Machines (NYSE:IBM - news) of the United States and Infineon Technologies of Germany, UMC planned to develop 0.10-micron and 0.13-micron process technologies for building logic chips. UMC, the world's second largest dedicated microchip foundry, has set a 2000 net profit target at T$30.036 billion, jumping 186 percent from 1999 after merging four of its subsidiaries. It also set a 2000 pretax profit target at T$30.138 billion and sales of T$88.029 billion, up sharply from its 1999 net profit of T$10.498 billion and sales of T$29.147 billion. UMC announced in June it would merge itself with four of its subsidiaries to streamline operations and boost profits. The merger became effective on January 1. At 0220 GMT, the price of UMC share was unchanged at T$117 in a market that is relatively weak, with the benchmark index down 0.22 percent. biz.yahoo.com