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To: Ram Seetharaman who wrote (8319)	9/1/2000 1:18:35 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

UMC closed @ 79.00 - 3.50 vol 44,071,329 ++++++++++= TAIWAN WEIGHTED closed @ 7420.06 -196.92 (-2.59%) ++++++++ Premier Tang Fei, the island's second highest ranking official, yesterday called for patience while the government tries to root out financial fraud. Prosecutors this week raided Chang Hwa Commercial Bank, the island's eighth-biggest bank. The probe followed raids earlier this month on a prominent legislator who occupies senior positions at a number of property and media business groups. +++++++ Taiwan's TWSE fell 2.6 percent, after a government official urged investors to endure short-term ``pain'' as the cost for government efforts to root out financial fraud.

To: Ram Seetharaman who wrote (8319)	9/1/2000 8:38:42 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

UMC Will Issue ADR in September 2000 by: shinshengl 8/31/00 8:27 pm Msg: 11467 of 11474 Economic Daily News in Taiwan reporting today that UMC will issue ADR in September, and ADR will be sold at 50% premium of UMC stock price. ALSC own 340M shares of UMC, which is approx. $1.1 Billion, and may have additional gain of 50% premium over current value in terms of ADR. ALSC's core business 16M DRAMs are in shortage now,price go from $3 to $4.25/pc now, delivery leadtime is more than 20 weeks. messages.yahoo.com