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Politics : Formerly About Applied Materials

AMAT 265.39

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3:59 PM EST

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To: StanX Long who wrote (63388)	5/2/2002 11:35:56 PM
From: StanX Long	Read Replies (1) of 70976

Asian Computer-Related Stocks Fall, Led by Samsung Electronics By Young-Jo Bae quote.bloomberg.com Seoul, May 3 (Bloomberg) -- Asian computer-related stocks declined, led by Samsung Electronics Co., after industry leaders Micron Technology Inc. and Dell Computer Corp. said they expect stagnant demand for their products. South Korea's Kospi index shed 2.5 percent. In Taiwan, Nanya Technology Corp. and other memory chipmakers tumbled on concern they'll post losses as chip prices slide below production costs, while Chartered Semiconductor Manufacturing Ltd. fell in Singapore. ``Investors are getting a bit worried whether profit will meet expectations now,'' said Tan Gee Chee, who helps manage $100 million at OUB Optimix Fund Management Ltd. in Singapore. ``Until there are clearer signs from the second-quarter earnings announcements, investors won't be doing much.'' Elsewhere, China Mobile (Hong Kong) Ltd. and China Unicom Ltd. dragged the Hang Seng Index down 0.2 percent, after the Chinese government made mobile phone operators pay a fee that used to be charged to subscribers. Financial markets in Japan are closed until Tuesday for public holidays, while China's stock markets will be closed until Wednesday.

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