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To: Marc Newman who wrote (13967)5/22/1998 4:32:00 PM
From: Phillip C. Lee  Respond to of 213177
 
<<As for the UMAX news, what's the conversion rate for the
Taiwanese dollar? T$1.2B is a lot less than $1.2 B US.>>


Marc,

The exchange rate is 1 US dollar = T$33.65 as of yesterday.
Compared to other Asian countries, Taiwanese dollar is much stable
due to its foreign reserve accounted for US$90B, ranked as #3 in the
whole world, just behind Japan and China.

Have a good memorial weekend to all.

Phil