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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (640)	9/16/2002 8:35:22 AM
From: Techplayer	Respond to of 57110

08:20 ET BofA cuts estimates for Taiwan Semi, United Micro : In addition to Pru's semi est cuts (7:43), Banc of America cuts FY02-03 ests for TSM and UMC based on the belief that utilization rates will decline for the next two qtrs largely due to unusual weakness in the consumer electronics segment; cuts TSM FY02 est to $0.24 from $0.26 and FY03 to $0.35 from $0.40, and cuts UMC FY02 to $0.10 from $0.14 and FY03 to $0.17 from $0.23 (FY03 ests well below consensus for both co's).