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To: DJBEINO who wrote (8286)8/28/2000 2:17:17 AM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
UMC closed @ 83.00 -2.00 vol 31,171,176 2nd most active
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TAIWAN WEIGHTED closed @ 7845.87 -180.45 (-2.25%)
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The TWSE Index fell 180.45 to 7845.87, its biggest one-day decline in percentage terms since July 20. The index's down 5 percent in the last four trading days.

Nanya Technology fell 4.6 percent to NT$73.00. In a lawsuit filed in federal court in San Jose, California, on Aug. 11, Tokyo- based Hitachi says it's the owner of three U.S. patents awarded in 1996 and 1998 for memory circuits used in computers, fax machines and telecommunications equipment. Hitachi contends Taipei-based Nanya, part of Taiwan's closely held Formosa Group, is wrongly using Hitachi's inventions to make and import 16- and 64-megabyte memory chips.
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NEC, Japan's No. 1 chipmaker, gained 3.2 percent to 3200 yen after it raised its group net income forecast for the six months through September to 20 billion yen ($187 million) on rising demand for chips used in mobile phones and personal computers. The revised figure is double its earlier 10 billion yen forecast and up from a 49 billion yen loss in the same period a year earlier