To: milesofstyles who wrote (5753 ) 1/21/1998 12:54:00 AM From: Galirayo Read Replies (2) | Respond to of 9262
[ GOooooooo Taiwan !! ] TOO LATE. I've already been Mooned. And they was wearing nothin but their Sneakers. The Active DeskTop is is is is is ..... THERE!! So will they call it The Streak?? ---------------------------------------------------------------------- Wednesday January 21, 12:08 am Eastern Time Taiwan stocks break key threshold, end sharply up TAIPEI, Jan 21 (Reuters) - Taiwan share prices ** breached psychological resistance at 8,000 points ** and closed sharply higher on Wednesday, taking their cue from Wall Street's strong overnight performances, brokers said. * Closing: up 2.41 percent/190.97 points at 8,098.65 * Turnover: active at T$156.97 billion vs T$96.68 billion * Trend-setting electronics rally for second straight session on sharp Dow and Nasdaq rises * Little apparent spillover from Asian stock volatility * Heavily weighted banking shares rise 3.76 percent ============================================================== The composite index sliced through the 8,000-point threshold at the open as investors, buoyed by sharp gains on Wall Street, rushed to extend their electronics and banking share holding. The index roared higher despite new nervousness elsewhere in Asia over Indonesia's crisis and closed at its intraday high. Investors focussed on strong gains in the U.S. markets. The Dow Jones industrial average on Tuesday gained 119.57 points, or 1.5 percent, to 7,873.12, while the Nasdaq composite index jumped 27.26 points, or 1.74 percent, to 1,590.14. ''Wall Street's rally was a big market booster,'' Oliver Fang, head of institutional sales at National Securities, said. Brokers said renewed investor interest in recently stagnant technology shares reflected hopes of high dividends. ''Some investors are buying electronics mainly for the purposes of their high dividends,'' Golden Securities' research chief Albert Lin said. ASE Test Ltd (ASTSF - news; 9101.TW), listed on the U.S. Nasdaq market and in Taiwan, surged the daily seven percent limit to T$53.5 after announcing better-than-expected quarterly profits and a two-for-one split of its ordinary shares. Shares in ASE Test's parent firm, Advanced Semiconductor Engineering (2311.TW), advanced T$3 to T$139. biz.yahoo.com