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: xrplus who wrote (8807)	10/23/2000 1:46:20 AM
From: DJBEINO	Respond to of 9582

UMC (2303) closed @ 58.50 +3.00 vol 147,341,000 most active ++++++++++= oct 20 net purchase 6,955m shares +++++++++ TAIWAN WEIGHTED closed @ 5680.95 +81.21 (+1.45%) Day's Range :5539.97 - 5718.17 ++++++++ UMC (2303), a leading IC foundry, will release its 3Q00 results and expects to raise its 2000 financial target. We believe this company will report NT$14bn net profits in 3Q00, for an EPS of NT$1.2. Thus, its first 3Q net profits will reach NT$33.5bn, which is greater than its former target of NT$30bn in 2000. ++++++++++++++= Taiwan shares climbing in late trade on continued bargain-hunting after recent sharp losses and support-buying by government funds, say dealers; now up 1.7% at 5696. Gains driven by chipmakers TSMC and UMC, which account for around 19% of market cap. Investors expect UMC to announce strong 3Q earnings after market close, following TSMC's better-than-expected results Thursday.