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


To: Carl Smith who wrote (7600)5/25/2000 1:05:00 AM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
UMC closed @ 85.50 -1.50 vol 39,895,260
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TAIWAN WEIGHTED closed @8438.10 -62.31 (-0.73%)
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Taiwan Hot Stock:Winbond +1.8%; Strong Earnings Prospects
TAIPEI (Dow Jones)--Winbond Electronics Corp.'s (2344.TW) stock is active early Thursday as investors continue to buy into the chipmaker, which went ex-dividend on Wednesday, dealers said.
Winbond is expected to post strong earnings growth in 2000, particularly amid an expected shortage of dynamic random access memory chips during the second half of the year.

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Alliance Semiconductor Corp. (ALSC): The chipmaker will replace Tuboscope Inc. (TBI), an oilfield equipment company, in the S&P SmallCap 600 Index. Tuboscope is merging with Varco International Inc. (VRC), which is a member of the S&P MidCap 400 Index. The merged company will continue to be in the S&P MidCap 400 Index. Alliance rose 1/2 to 20 1/2. It rose as high as 21 9/16 in after-hours trading



To: Carl Smith who wrote (7600)5/25/2000 7:25:00 AM
From: DJBEINO  Read Replies (2) | Respond to of 9582
 
Intel head sees 12-mth short supply
NEW DELHI, May 25 (Reuters) - Computer chip maker Intel Corp (NasdaqNM:INTC - news) expects a short supply in the industry for another 12 months as components run short, its president and chief executive officer Craig Barrett said on Thursday.

``There is nil balance between supply and demand,'' Barrett told a news conference in response to a question on the semiconductor industry and added that investments made to address the shortage will continue for a while.

``I'd expect some shortage of components for the next 12 months or so,'' said Barrett, who is on an Asian tour in which he has focused substantially on emphasising the company's emerging profile as a maker of chips for networking computers and appliances that will help the Internet and communications.

``We plan to have our communications and networking business grow at 50 percent a year between now and 2003,'' he said, adding that networking products currently accounted for around $2.0 billion in sales and communication products around $1.0 billion.

Intel's stock surged $7- to close at $117- on Wednesday after it said it would spend $2.0 billion over the next three years to boost the number of chips it can make at its New Mexico plant. The announcement reversed a fall on the Nasdaq but Barrett shrugged off the linkage between the market and the announcement.

biz.yahoo.com



To: Carl Smith who wrote (7600)5/26/2000 1:47:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
Alliance Semiconductor Poised for Higher Open
Stock of the Hour May 26 2000 8:15AM CST
by Blair G. Jeffery

Watch for shares of Alliance Semiconductor {ALSC} to move higher today. This semiconductor stock gapped higher to open Thursday's trading and continued higher despite a seller's market yesterday in technology stocks. Yesterday, the stock closed trading at 22-1/16 on volume of 1.8 million shares traded. Yesterday's volume was more than 110 percent higher than the stock's average thirty-day volume and shows formidable underlying strength for ALSC.

The stock, which appeared in the pre-open ProSearch run of One Week Movers, appears ready to move higher today as the broader markets look to open stronger today. Alliance faces technical resistance at both 25 and 27, so keep a watchful eye on these resistance points.

In the short term, watch for technical traders to continue bidding up shares of ALSC.

wallstreetcity.com