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Politics : Formerly About Applied Materials

AMAT 259.15

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Dec 22 3:59 PM EST

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To: StanX Long who wrote (59846)	2/1/2002 2:21:06 AM
From: StanX Long	Read Replies (1) of 70976

Winbond May Report Fourth-Quarter Loss as Chip Sales Decline By Iain Pocock 01/31 20:30 quote.bloomberg.com Taipei, Feb. 1 (Bloomberg) -- Winbond Electronics Corp., Taiwan's largest memory-chip maker, may report its fourth-straight quarterly loss in the three months ending December as chip prices stayed below the cost of production. The company's loss for the fourth quarter may be NT$2.5 billion ($71 million), compared with a NT$748 million profit, in the year-earlier period, according to the average forecast of seven analysts surveyed by Bloomberg News. The company last recorded a quarterly profit in the last three months of 2000. Winbond will report fourth-quarter earnings after the Taiwan stock market closes today. Personal computer sales shrank last year for the first time since 1985, according to market researcher Dataquest Inc. That slowed demand for memory chips, driving all of Taiwan's memory- chip makers into a loss as semiconductor prices slumped to about a third of the cost of production. Expectations that PC sales will rise this year helped chip prices more than triple since Nov. 7. Winbond's share price has since more than doubled in value on optimism losses will narrow as chip prices inch closer to the cost of production. ``The dynamic random-access memory price is strongly related to memory-chip makers' stock price,'' said Grace Lee, who manages NT$10.5 billion in stocks, including Winbond, at JF Asset Management Taiwan Ltd. She may buy more Winbond shares if chip prices keep rising.

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