Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: quartarpint who wrote (8587)	9/27/2000 1:14:27 AM
From: DJBEINO	Respond to of 9582

UMC (2303) closed @ 71.00 -1.00 vol 45,508,271 ++++++++++= Sep 26 net purchase 9,321m shares +++++++++++= TAIWAN WEIGHTED closed @ 6717.04 -31.99 (-0.47%) ++++++++ BUY: United Microelectronics Corp. (2303.TW) - price NT$72.00 ($1=NT$31.288). The chipmaker's margins are expected to rise to 55% during the second half from 48% during the first half. Its capacity utilization is set to remain above 100% and its average selling price is on the rise. Look for a target price of NT$153.00 ++++++++++++++++++ SAMSUNG ELECTRONICS MAY BUY BACK $893 MLN OF OWN SHARES TO BOOST PRICE ``Samsung Electronics' buyback plan implies that the company is pretty confident about its business outlook and is in turn boosting investors' confidence,'

To: quartarpint who wrote (8587)	9/27/2000 8:42:39 AM
From: Ken Muller	Read Replies (1) \| Respond to of 9582

Clive: <<If there is a need for these older chips what's wrong with a company filling that need?>> Nothing wrong at all. Its great to see the growth. However, supply will catch up with demand eventually. At that time, the increased prices that ALSC (and others) are currently enjoying will settle back to the normal low margins. Without new leading edge products, ALSC will not be in a position to maintain their revenue growth or their margins. ALSC is in an unusual position because most companies have to fund new products and R&D from current memory profits. In ALSC's case they have generated huge profits from investments. ALSC seems to be satisfied with investing that capital into other investment divisions. While there are certainly profits in that area, the market tends to reflect the asset value of those profits rather than assign a high P/E value to them. ALSC's competitors in the memory business are cranking new designs out at a high rate. I believe ALSC is missing a major opportunity.