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Technology Stocks : ISSI a great opportunity -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lewis who wrote (655)	6/21/1999 10:35:00 AM
From: Steve Lewis	Read Replies (3) \| Respond to of 1058

Also posted to the ALSC board on the the theme of "underlying value of assets" in regards to ISSI. Any further clarification would be helpful. Re: <issi sold its investment at cost earlier this year. > I seem to remember reading that he ISSI Mgt rationale (for selling) was that they needed to own less than 50% of ISSI-Taiwan due to local island IPO rules. Therefor if I have it right: ISSI-Taiwan, which owns shares in UMC & possibly other assets (& close to 50% owned by ISSI), plans for a IPO in the next 12 months to the benefit of ISSI and local private ISSI-Taiwan owners.