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

To: DJBEINO who wrote (9288)	4/23/2001 9:16:31 AM
From: DJBEINO	Respond to of 9582

CSMF.SI closed @4.900 +0.200 +4.26% 19,822,000 ++++++++++ SINGAPORE STOCK CALL: Salomon Smith Barney upgrades Chartered Semiconductor (Singapore: CSMF.SI - news) (C27) to buy from outperform but reduces earnings estimates. Says based on company's guidance of further 25% decline in 2Q revenues, reduces FY revenues to 38% fall from 23% fall; also cuts 2Q per share loss to 51 U.S. cents from 22 cents. However, given encouraging news from customers such as PMCS, says Chartered likely approaching trough utilization rates in low-40% range in 2Q and expects cyclical bottom by 3Q +++++++++++++++++ European First-Quarter PC Sales Rise 7%, More Than Expected 4/23/01 5:22 AM Source:Bloomberg News London, April 23 (Bloomberg) -- Western European personal- computer sales rose as much as 7 percent in the first quarter, more than analysts expected, driven by sales to businesses, according two market research companies. Total PC shipments in Western Europe rose 7 percent, Context said. IDC said shipments rose 5.8 percent in the first three months, fueled by business sales of PCs and servers, the larger computers that run corporate networks. European companies have resumed computer spending after freezing investment in 2000 because they spent heavily ahead of the Year 2000 date change. The demand for new equipment now is driven by a rising use of Microsoft Corp's new operating system, Windows 2000, IDC said.

To: DJBEINO who wrote (9288)	4/23/2001 9:22:42 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Intel Sees High-Tech Slowdown in 2Q; Recovery in 2nd Half TAIPEI (Dow Jones)--The high technology sector will face a continuing slowdown in the second quarter, but is expected to recover gradually in the second half, top executives of Intel Corp (Singapore: INTC.SI - news). (INTC) said Monday. "The second quarter is also typically a seasonal low for the high-tech sector," said Ron J. Smith, Intel's senior vice president at a forum in Taipei, where Intel unveiled its 1.7 GHz Pentium 4 processor. Pentium 4 is Intel's highest performance desktop processor that will reinforce the processing of digital equipment, the company said. It declined to comment on the pricing policy for the new product. Jason Chen, vice president of Intel's Asia-Pacific sales and marketing group told the forum that regional consumption is expected to continue growing this year. "While some Taiwanese and Korean exporters to the U.S. and Europe have been affected by the economic recession, we expect growth in China and India to remain strong," said Chen. Patrick P. Gelsinger, the chief technology officer, says Intel will keep investing, particularly during the slowdown. "Our strategy is to be stronger coming out of the slowdown than when we went into it," he added. Intel will spend US$7.5 billion in capital investment and US$4.2 billion in research and development in 2001, the company said.

To: DJBEINO who wrote (9288)	4/24/2001 1:43:48 AM
From: DJBEINO	Read Replies (2) \| Respond to of 9582

UMC (2303) closed @ 52.50 - 0.50 vol 22,281,275 +++++++++ April 21 net purchase 6,199,000 shares ++++++++ TAIWAN WEIGHTED closed @ 5589.34 -8.36 (-0.15%) Day's Range :5567.43 - 5644.68 +++++++++++ Taiwan stock markets moving in tight tunnel ahead of Analyst Meetings and Shareholder Meetings. Institutional investors waiting for corporate guidance on 2Q and 3Q earnings prospects and operating conditions. Retail investors are prohibited from margin lending on shares four (4) days and short position covering some five (5) days prior to Shareholder Meetings. TSMC (2330 TT), UMC (2303 TT), ASE (2311 TT), Quanta Computer (2382 TT), Asustek (2357 TT), Siliconware (2325 TT) will have Analyst Meetings this week, to be followed shortly by Shareholder Meetings for ASE, Siliconware and Hon Hai (2317 TT). Taiwan market expected to trade in compressed range on low volume near term. ++++++++++++ TAIWAN PRESS: TSMC Chmn: Co Should Have Invested Less TAIPEI (Dow Jones)--The chairman of Taiwan Semiconductor Manufacturing Co. (TSM) said the chip foundry would be in a better position now if it had invested US$1 billion less before the chip sector started to weaken, reports the Economic Daily News, quoting Business Week magazine. However, Morris Chang said he expects the semiconductor industry to recover at the end of the year and that TSMC will press ahead with its 12-inch wafer plant plans. ++++++++++ Taiwan Shrs Flat Early; Foreign Buying Offsets Pressure TAIPEI (Dow Jones)--Taiwan shares opened little changed Tuesday as a 4.8% plunge in the Nasdaq Composite Index was offset by apparent continued foreign buying, dealers said. +++++++++ Semi Equipment : Trade group SEMI reported that the North American semi equipment industry book-to-bill ratio was 0.64 in March, down from 0.73 in February. This is slightly below estimates from Salomon Smith Barney (0.65) and SG Cowen (0.70).