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

To: DJBEINO who wrote (8059)	8/2/2000 1:09:43 AM
From: DJBEINO	Respond to of 9582

UMC closed @ 73.50 -0.50 vol 31,362,721 ++++++++++++++ TAIWAN WEIGHTED closed @ 7916.85 -67.80 (-0.85%) ++++++++ Taiwan foundry, UMC, reported very strong operating results in 2Q00, posting NT$24.4bn in sales for 2Q00, up 245% yoy and 26% qoq. Net profits also reached NT$12bn, up 500% yoy and 61% qoq, for an EPS of NT$1.1. Although both Taiwan foundry giants reported strong sales and profits in 1H00, investors are still worried about a global IC industry recession in 2001 +++++++++++++ LONG-TERM BUY: Winbond Electronics Corp. (2344.TW) - price NT$76.00 ($1=NT$31.097). Rising product prices resulting from the recovery in the global semiconductor industry will translate into solid profits for the chipmaker.