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: donjuan_demarco who wrote (9063)	12/27/2000 1:44:50 AM
From: DJBEINO	Respond to of 9582

UMC (2303) closed @ 45.20 +0.40 vol 95,209,271 most active +++++++++ TAIWAN WEIGHTED closed @ 4614.63 -106.73 (-2.26%) Day's Range :4602.95 - 4663.65 ++++++++ United Microelectronics Corp. (2303.TW) Chairman John Hsuan said he expects the chip foundry to post reasonable growth next year, reports the Economic Daily News. Hsuan also said UMC has no plans to invest in mainland China or to merge with arch-rival Taiwan Semiconductor Manufacturing Co. (TSM). ++++++++++++ TRADING BUY: United Microelectronics Corp. (2303.TW) - NT$44.80. Recommended because of the company's confident outlook for the semiconductor business indicated by its move to buy back 400 million shares in the next two months

To: donjuan_demarco who wrote (9063)	12/28/2000 1:38:30 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

UMC (2303) closed @ 48.30 +3.10 vol 137,886,718 most active +++++++++ TAIWAN WEIGHTED closed @ 4797.14 +182.51 (+3.96%) Day's Range :4555.91 - 4797.14 ++++++++ stocks leading Taiwan shares higher amid hopes central bank will cut discount rate at board meeting later today, says dealer; finance ministry announcement state banks must submit merger plans within 10 days also helping. Index up 3.4% at 4773 after early dip to 4758. Financial index up 5.5% at 652.29 +++++++++= Taiwan's TWSE index gained 182.51 to 4797.14, snapping a 10- day, 14 percent losing streak, as a Commercial Times report that the cabinet will tomorrow announce a merger between three state- controlled banks sparked hopes more unions will follow.

To: donjuan_demarco who wrote (9063)	12/28/2000 10:57:58 AM
From: DJBEINO	Respond to of 9582

04:16 Taiwan UMC <2303.TW> details recent share buybacks TAIPEI, Dec 28 (Reuters) - Taiwan's United Microelectronics Corp (UMC) [`UMC], the world's second largest microchip foundry, said on Thursday it had bought back 26.946 million of its common shares from the stock market at an average price of T$45.13. The buyback cost UMC T$1.216 billion (US$37 million), it said in a statement. On Tuesday, UMC said it would buy back 400 million shares at between T$32 and T$78 between December 27, 2000, and February 26, 2001. The buyback made UMC the most actively traded issue on Thursday with volume of 137.773 million shares. UMC shares rose to their daily seven percent limit to T$48.30, compared with a 3.96 percent rise in the main TAIEX <.TWII> index. Under a new rule approved in August, listed companies are allowed to buy back their own shares when they believe prices have fallen to unreasonable levels. (US$ = T$33)