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To: ram_s who wrote (8616)9/29/2000 1:56:47 AM
From: DJBEINO  Read Replies (2) | Respond to of 9582
 
UMC (2303) closed @ 67.00 unc vol 41,937,582
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TAIWAN WEIGHTED closed @ 6432.36 -132.51 (-2.02%)
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Taiwan's TWSE Index fell 132.51 to 6432.36. Stocks fell for a third day as the government faces a further test of its unity when it presents its first budget to parliament after legislators earlier rejected a reading of the bill.

``People still feel very bearish about the market,'' said Simon Chao, who manages $380 million in Taiwan stocks at President Investment Corp. ``People feel the political situation isn't good. The government isn't stable.''