SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: advocatedevil who wrote (5007)4/9/2003 3:25:17 AM
From: StanX Long  Respond to of 13403
 
Taiwan's UMC Q1 sales surge 47 pct y/y

sg.biz.yahoo.com

Wednesday April 9, 3:05 PM

TAIPEI, April 9 (Reuters) - Taiwan's United Microelectronics Corp (UMC) announced unexpectedly strong March sales on Wednesday, bringing first-quarter revenues up 47.2 percent from the same period last year.

UMC posted March revenues of T$7.06 billion, beating analyst expectations of around T$6.5 billion, and bringing the January-March total to T$17.9 billion. The figures also defied a seasonal first quarter decline in electronics shipments to edge up 2.1 percent from the previous three months.

The company released March revenues after close of trade in Taiwan on Wednesday. The issue fell T$0.40, or 1.93 percent, to T$20.30, while the benchmark TAIEX index fell 0.33 percent. UMC had previously forecast that it expected first-quarter shipments and average selling prices to remain flat with the previous quarter, implying revenues would stay mostly unchanged. Unlike its main competitor, Taiwan Semiconductor Manufacturing Co , which also posted strong March sales on Wednesday, UMC has steered clear of forecasting recovery from a long slump would begin in the second quarter.

(US$1 = T$34.8)



To: advocatedevil who wrote (5007)4/9/2003 8:24:50 AM
From: Sarmad Y. Hermiz  Read Replies (3) | Respond to of 13403
 
OT ** >> this trade will serve as one of those key reminders of how easy it can be to wipe out a couple months of profitable scalps with one trade.
<<

AD, I was entering the 200 trades my wife made in and account last year. Most of them were a gain of $70, or $120, etc.... Then the occasional loss of $10,000 or $5,000. In the end it was a net loss.



To: advocatedevil who wrote (5007)4/9/2003 1:36:17 PM
From: Sam Citron  Read Replies (1) | Respond to of 13403
 
OT - Your time of liberation is near, AD. Congratulations. Your suffering and patience are soon to be rewarded. <g>