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

To: Czechsinthemail who wrote (7769)	6/20/2000 6:47:00 PM
From: michael i olson	Read Replies (2) \| Respond to of 9582

If we look at the SOXX index, ALSC was 1% higher then the SOXX. Now with the Volume being ~x3 times normal, I would have "guessed" the price would have increase more then it did. Just a question at this point?

To: Czechsinthemail who wrote (7769)	6/20/2000 11:20:00 PM
From: Peter H. Mack	Read Replies (3) \| Respond to of 9582

Baird... Do you know if the S3 RIO uses flash..? If so, they could absorb a lot of memory. They get an hour of music from 32mb and they have a 320mb option. (In case you are not familiar, the S3 RIO is a digital walkman that plays MP3 music.) pete

To: Czechsinthemail who wrote (7769)	6/22/2000 12:44:00 AM
From: DJBEINO	Respond to of 9582

Taiwan approves UMC $1.2 bln ADR issue (UPDATE: Adds details, UMC official's comments) TAIPEI, June 22 (Reuters) - Taiwan's Securities and Futures Commission said on Thursday it had approved a plan by United Microelectronics Corp to issue American Depositary Receipts (ADRs) to raise US$1.2 billion for expansion. UMC plans to issue 450 million common shares, or 90 million ADRs, a commission spokeswoman said. UMC, the world's second largest dedicated microchip foundry, said in April it planned to issue up to 600 million common shares for the ADR issue in June to raise to raise more than T$60 billion (US$1.9 billion). UMC did not issue the maximum 600 million shares because it did not need so much money now, a company spokesman said. ``There is some delay in the ADR issue, but we will try to complete the issue within three months,'' he said. At 0208 GMT, UMC shares were up T$1.00 at T$88. Funds raised will be used for expansion -- to buy equipment and finance daily operations as well as help with the company's internationalisation, officials said. Chairman Robert Tsao promised in April the ADRs would be issued at a premium, meaning the issue price would be higher than its Taiwan share price at the time of launching. UMC has said it was launching several expansion projects, hoping to boost annual capacity to 2.4 million eight-inch-equivalent wafers in 2000, three million in 2001 and four million in 2002 compared with 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 rivals with technology instead of capacity. Together with International Business Machines (NYSE:IBM - news) and Infineon Technologies of Germany, UMC planned to develop 0.10-micron and 0.13-micron process technologies for building logic chips. UMC has set a 2000 net profit target of about T$30 billion ($975 million), up 185 percent from 1999 after merging with four subsidiaries. The sales target is about T$88 billion. In 1999, net profit was T$10.498 billion and sales were T$29.147 billion. UMC announced in June 1999 that it would merge with four of its subsidiaries to streamline operations and boost profits. The merger became effective on January 1. (US$1 equals T$30.8) biz.yahoo.com