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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (274)	11/5/2001 7:16:58 AM
From: robert b furman	Read Replies (1) \| Respond to of 25522

Hi Jerome, Don't forget there is a fifth Ace out there with a Microsoft Settlement. So far it is plain to see the Bush administration doesn't want to be bothered by liberal oriented parasitic arguing with one of the few leaders in an industry the U.S. leads in.Microsoft creates a lot of Export Dollars - lord knows we could use some more of that. Microsoft in any other democracy would be viewed as a national treasure.JMHO If this goofy monopoly issue were given the same emphasis at the bottom upon being settled that it received at the top upon being announced - we may be well on our way to a Rally with legs. That is a good thing - on all counts in my humble opinion. Bob

To: Jerome who wrote (274)	11/5/2001 7:42:10 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Taiwan's Listed Companies Lose NT$170 Billion from January to September November 5, 2001 (TAIPEI) -- The financial situation of Taiwan's industries from traditional to high-tech electronics circles is worsening. According to the Chinese-language daily newspaper Commercial Times, all companies listed on the major Taiwan Stock Exchange (TSE) market and the over-the-counter (OTC) market lost more than NT$170 billion in total after taxes from January to September. This is the worst loss ever recorded, more even than during the financial crisis in 1998. A mere nine listed DRAM and TFT-LCD companies contributed after-tax losses of NT$57 billion. All the losers in the electronics sectors in both the TSE and OTC market reported losses of NT$80 billion, almost half the total sum of losses. TSE-listed and OTC-listed financial and insurance companies lost over NT$25 billion after tax in the period. (NT$34.50 = US$1) Even though the losses are unprecedented, among 908 listed companies on the TSE and OTC markets, there are 22 TSE-listed companies and 14 OTC-listed companies that reported after-tax profits of NT$3 per share respectively. TSE-listed MediaTek Inc. racked up after-tax profits per share of NT$12.67 during the first three quarters, while OTC-listed Asia Optical Co., Inc. posted year-to-September after-tax profits per share of NT$7.69, both keeping their positions as the leading shares in their fields. TSE-listed electronics companies lost the laurels they gained by earning NT$206.5 billion in after-tax profits during the same period of 2000, posting a sharp year-on-year drop of 70 percent this year. The year-to-September, after-tax profits of total TSE-listed electronics companies amounted to a mere NT$60 billion. Several electronics heavyweights, particularly in semiconductor-related industries, such as Taiwan Semiconductor Manufacturing Co., Ltd., United Microelectronics Corp. and Winbond Electronics Corp., are presently going through a business trough. Observers are worried how much more traditional manufacturing industries can still lose. While most of traditional industries have reached their nadir, listed textile companies can still lose NT$18 billion. The worst TSE-listed construction companies lost NT$10.5 billion. In the financial and insurance sector, presently looking to consolidate through the establishment of financial holding companies, Chung Shing Bank lost nearly NT$7 billion, China Bills Finance lost NT$6.5 billion, and even the conservatively operating Cathay Life Insurance experienced the first losses in its history. TSE and OTC listed-companies lost NT$25 billion in total after tax. The situation is undoubtedly the worst ever, but some electronics companies remain optimistic over the outlook for 2002. They say a greater growth in profits is possible next year, because the heavy losses will make the base of comparison lower this year. However, some traditional companies and even several electronics heavyweights have started to worry about tightening credit and a possible financial crunch due to their poor performance. (Commercial Times, Taiwan)