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Politics : Formerly About Applied Materials

AMAT 242.41

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Nov 25 3:59 PM EST

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To: StanX Long who wrote (63371)	5/2/2002 1:47:58 AM
From: StanX Long	Read Replies (1) of 70976

STATS' Q1 sales jumps 16.2%; raises capex by $50 million to $150 million Semiconductor Business News (05/01/02 20:13 p.m. EST) siliconstrategies.com SINGAPORE -- IC-packaging and test provider ST Assembly Test Services Ltd. (STATS) reported sales of $39.4 million for the first quarter of 2002, a 19% decrease over the first quarter of 2001 but a 16.2% increase over the prior quarter. Net loss in first quarter narrowed to $26.6 million, compared to a deficit of $47.0 million in the prior quarter and a loss of $23 million in the like period a year ago. Diluted loss per ADS and diluted loss per ordinary share for the first quarter was $0.27 and $0.03, respectively, compared to diluted loss of $0.23 per ADS and $0.02 per ordinary share a year ago. Diluted loss per ADS and diluted loss per ordinary share were $0.48 and $0.05, respectively, in fourth quarter 2001.

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