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To: Dealer who wrote (9374)	10/23/2000 6:28:45 PM
From: Dealer	Respond to of 65232

NSM--AFTER THE BELL - National Semiconductor plunges 30 pct NEW YORK, Oct 23 (Reuters) - The shares of National Semiconductor Corp. (NYSE:NSM - news) tumbled more than 30 percent in after-hours trading on Monday after the diversified maker of computer chips warned that second and third-quarter sales may be lower. The Santa Clara, Calif.-based chip maker last traded on the Instinet electronic brokerage system at $25-1/2, down from a regular session close of $36-15/16. National Semiconductor said its mobile telephone customers were hit by lower-than-expected demand, which in turn crimped its sales and forecasts. The company said the sales in its current second quarter and in the third may fall below the first quarter's $640.8 million. In other after-hours activity, Eastman Kodak Co. (NYSE:EK - news) shares edged slightly higher, to $40, after the photography giant said it would consolidate its business units in an effort to streamline operations. The shares rose after closing in the regular session at $39-1/16, up more than 4 percent for the day. Lucent Technologies Inc. (NYSE:LU - news) shares rose after the bell, following the company's announcement of an expected fall in profits. The telecommunications equipment maker's shares last traded at $23-1/2 on Instinet, up from a regular close of $22-1/16. The shares were down 9/16 for the day. Earlier this month, Lucent trimmed its growth forecast for the fourth quarter. FreeMarkets Inc. (NasdaqNM:FMKT - news) shares also rose in after-hours trading, to $50-3/4 on Instinet, up from a regular close of $49-31/32. FreeMarkets inched higher after the business-to- business auctioneer reported a loss that was less than analysts had expected in the third quarter and said it would break even two quarters ahead of schedule.