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To: DJBEINO who wrote (2689)	3/4/1998 11:50:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Taiwan Masterlink sets United Micro warrants TAIPEI, March 4 (Reuters) - Taiwan Stock Exchange said on Wednesday that Masterlink Securities <6006.TWO> had applied to issue 20 million American-style stock call warrants on United Microelectronics Corp (TW:2303). The warrants, after the expected approval by regulators, would be listed on the Taiwan Stock Exchange, officials said. Each warrant would be equal to one share of United Microelectronics Corp, officials said. Details of the Taiwan Masterlink's warrants are as follows: STRIKE PRICE T$91.00 PREMIUM 28.36 pct ISSUE PRICE* T$25.81 GEARING* 3.53 times EXPIRATION 12 months MIN EXER LOT 1,000 LISTING TAIEX SETTLEMENT Cash/Stock MARCH 4 CLOSE T$91.00 LISTING DATE To be determined * Based on traders' calculations. Refer to firm's term-sheet of the warrant for official figures.

To: DJBEINO who wrote (2689)	3/4/1998 3:07:00 PM
From: patrick tang	Read Replies (1) \| Respond to of 9582

And THAT is the problem. The Japanese are very sensitive to political pressures from US and will stop. LG, Samsung and Hyundai will probably continue full bore until they are REALLY stopped, as in total control of semi or until they go belly up. And until now and looks like for the next round too, their strategy has been unstoppable, with the money for the next round even ponyed up by the US taxpayers. After memories, they will go after foundry/logic. And not even mighty Intel is safe if they start doing below cost foundry for AMD and Cyrix .... And all that awaits in the Mar 5th vote in Congress. Email your congressmen NOW to tell them to vote NO on Korean bailout. patrick tang