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


To: Ram Seetharaman who wrote (9163)2/8/2001 2:49:23 AM
From: DJBEINO  Read Replies (2) | Respond to of 9582
 
UMC (2303) closed @ 53.50 + 1.00 vol 61,475,242
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Feb 7 Net Purchase 8,707,000 shares
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TAIWAN WEIGHTED closed @ 5758.60 +65.02 (+1.14%)
Day's Range :5653.86 - 5763.14
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UMC (2303 TT) reported NT$9.5bn sales revenue in January, down 7.6% mom but up 56.1% yoy. This number is better than expected after TSMC warned that it faces a 25% qoq decline in sales in 1Q01. UMC will hold its analysts conference on February 14, then we can have a better idea about UMC's operations during 1Q01. At this point, we expect a 20% qoq decline in its sales in 1Q01 as UMC has fewer customers from the gloomy North America.