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Politics : Formerly About Applied Materials

AMAT 301.11

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Jan 9 3:59 PM EST

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To: StanX Long who wrote (60882)	2/22/2002 1:22:02 AM
From: StanX Long	Read Replies (1) of 70976

Tokyo Stocks Lose 89 Points washingtonpost.com The Associated Press Thursday, February 21, 2002; 10:09 PM TOKYO –– Tokyo stocks fell Friday morning as investors cashed in gains from a rally the previous day. The dollar was higher against the yen. The benchmark 225-issue Nikkei Stock Average lost 89.48 points, or 0.87 percent, to 10,205.94 at the end of morning trading. On Thursday, the average closed up 461.29 points, or 4.69 percent. The dollar bought 134.08 yen in late morning trading, up 0.32 yen from late Thursday in Tokyo but below its late New York level of 134.20 yen. On the stock market, investors locked in profits after the blue chip Nikkei index posted sharp gains on Thursday. An overnight slide on Wall Street also dampened sentiment in Tokyo. Thursday's rally was fueled by hopes that the government will tackle bad debts weighing on Japanese banks in a package of anti-deflationary measures to be released next week.

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