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

To: DJBEINO who wrote (9211)	3/7/2001 8:26:43 AM
From: DJBEINO	Respond to of 9582

CSMF.SI closed @5.500 +0.400 +7.84% 12,216,000

To: DJBEINO who wrote (9211)	3/8/2001 2:39:43 AM
From: DJBEINO	Read Replies (3) \| Respond to of 9582

UMC (2303) closed @ 53.50 - 2.00 vol 30,176,721 +++++++++ march 7 net purchase 28,238,000 shares ++++++++++= TAIWAN WEIGHTED closed @ 5711.02 -66.11 (-1.14%) Day's Range :5697.67 - 5794.34 ++++++++ TAIWAN PRESS: Hyundai's Fincl Woes Could Lift DRAM Prices TAIPEI (Dow Jones)--Hyundai Electronics Industries Co.'s (Q.HEL) financial difficulties increase the possibility it may have to halt operations at some of it factories, which would boost flagging prices for dynamic random access memory chips, reports the Economic Daily in its front page banner headline, citing wire reports. Taiwan is a key market for DRAM spot trading. +++++++++++++ Sensational headlines. This news indeed caused sensational headlines in the “Economic Daily,” indicating that the DRAM spot market can rebound in the near future. However, we hold a NEUTRAL opinion upon this issue. The solution regarding the financial crisis of Hyundai Electronics will depend on the attitude of the South Korea government, but so far there is not much evidence indicating what the South Korean government’s strategy might be. +++++++++++= South Korea's Hyundai Electronics said on Wednesday that a U.S. subsidiary had failed to make a $57 million debt payment, according to Reuters. "A semiconductor-making unit, Hyundai Semiconductor America, located in Eugene, Oregon, has failed to pay $57 million to local financial institutions," a Hyundai Electronics spokesman told Reuters. Details of the debt default were not immediately available, but analysts said the incident cast doubt over the world's second largest memory-chip producer's ability to steer itself out of financial troubles. Officials at Hyundai and creditor banks said repayment would soon be possible with expanded trade-related financing.