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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (64092)	5/30/2002 1:22:35 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

STOCK ALERT - Taiwan DRAM makers higher on inventory build-up-related demand -- AFX - Asia, 5/30/2002 e-insite.net Dynamic Random Access Memory (DRAM) makers were higher amid demand related to inventory build-up from memory distributors, dealers said. Powerchip Semiconductor was limit-up 1.20 twd at 18.60 on volume of 32.41 mln shares, Nanya Technology up 1.10 at 32.40 on 23.90 mln shares, Winbond Electronics up 0.70 at 19.70 on 14.80 mln shares, Mosel Vitelic up 0.45 at 11.55 on 22.59 mln shares and ProMOS Technologies up 0.70 at 20.60 on 7.95 mln shares. "Some distributors placed orders yesterday, powering the rebound in DRAM spot prices in the late afternoon and driving share prices higher today," IBT Securities deputy manager Wang Chum-yuan said. "The build-up was based on speculation rather than solid demand from downstream... distributors are pinning their hopes on an easing of pressure on DRAM prices as any quarter-end dumping by Micron Technology should be coming to an end." In addition, there were hopes that Micron may reconsider the deal with Hynix deal, he added. al/tr For more information and to contact AFX: www.afxnews.com and www.afxpress.com