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Politics : Formerly About Applied Materials

AMAT 301.11

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Jan 9 9:30 AM EST

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To: StanX Long who wrote (60861)	2/22/2002 12:23:16 AM
From: StanX Long	Read Replies (1) of 70976

Japan Stocks Mixed as KDDI, DoCoMo Fall; Matsushita Electric Up By Michael Tsang 02/22 00:04 quote.bloomberg.com Tokyo, Feb. 22 (Bloomberg) -- Japanese stocks fell, led by phone companies such as KDDI Corp., after Japan's No. 2 cellular operator said rate cuts of as much as a third for some mobile- phone services will pare revenue next fiscal year. Telecommunication stocks as a group were the biggest drag on the market. Matsushita Electric Industrial Co. rose after the largest consumer-electronics maker said 5,000 more workers than expected took incentives to quit and that it expects to return to profit next fiscal year. The Nikkei 225 stock average rose for a second day, gaining 11.75, or 0.1 percent, to 10,307.17, after yesterday posting its biggest gain in 11 months. The Topix index of all shares on the Tokyo Stock Exchange dropped 1.44, or 0.2 percent, to 987.45.

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