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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (58359)	1/3/2002 2:59:36 AM
From: StanX Long	Read Replies (2) \| Respond to of 70976

Asian markets high on techs by noon January 3, 2002 Posted: 12:49 AM EST (0549 GMT) cnn.com A Malaysian investor watches the start of 2002 trade with a skeptical eye but chip stocks are making bulls happy in Asia By staff and wire reports HONG KONG, China -- Asian stocks drove ahead again heading into Thursday afternoon. Though back off the morning highs, Korean stocks were the center of attention again. The Kospi was up 1.0 percent at 732.18 going into afternoon trade, local time. Chip stocks have had a fiery start to 2002. Hynix Semiconductor finished morning trade in Seoul up 5.8 percent at 2,940 won. The world's No. 3 maker of memory chips said Wednesday it will raise prices, which dropped more than 90 percent during 2001. It is also set to complete talks with Micron Technology on a merger by the end of January, according to executives. Chip stocks got another boost overnight from a report in the United States, showing worldwide chip sales rose in November for the second straight month.