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To: Norrin Radd who wrote (4561)	1/27/1999 10:55:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

UMC Chairman Tsao, Colleagues Buy $5.7 Mln of Company Shares Bloomberg News January 27, 1999, 1:28 a.m. PT Hsinchu, Taiwan, Jan. 27 (Bloomberg) -- United Microelectronics Corp. Chairman Robert Tsao and other UMC executives bought 40 million company shares for about NT$184 million ($5.7 million) amid expectations of a worldwide semiconductor industry recovery. The purchase, the first of its kind in about three years, was made through an investment company last week, said Stan Hung, the company's finance director. UMC, the world's second-largest maker of computer chips to customer order, said yesterday its sales and profit will grow through the second quarter because of more stable chip prices. ''So many orders are flooding in (that) customers are more concerned about getting their products delivered on time than product prices,'' Chief Executive Officer John Hsuan said. UMC shares were the most actively traded stock by value today, ending unchanged at NT$46.20.

To: Norrin Radd who wrote (4561)	2/3/1999 4:56:00 PM
From: Jim Goodman	Read Replies (2) \| Respond to of 9582

hi, hope you are well, a "PSYCLE sm" update, since we have not communicated in a while....took many tax-selling gains among depressed Techs, etc., with a few cut losses, and formally called a (the ?) top in Internets, in the Newsletter, Jan. 11, and on S.I. "Lessons" thread, so we shall see, so far, real good....am definitely getting much more bearish here, be very careful, the extended stocks in my NL could get whacked soon....mostly, semi-parabolic Internets, Telecom, Comp./Techs....and/but, also called a (the ?) bottom in Oil Service "drillers" and "the Steels" again, on my S.I. threads, FYI....we also caught some depr. Y2K's long, off Dec. bottoms, for doubles....I figured they were due for another pop, dig ? so, still, very 'split' market, exploitable in both directions simultaneously....anyway, hope you are also doing well, I know you don't get my NL, but I wanted to to let you know what we have been doing....getting many subscribers e-mailing me their success stories, so must be doing something right for them, for which I am appreciative....best wishes, keep in touch, thanks,