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


To: StanX Long who wrote (62396)3/28/2002 12:13:18 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Asian Stocks: Japan's Nikkei Declines; Korea, Hong Kong Advance
By Tomoko Yamazaki
03/27 23:05

quote.bloomberg.com

Tokyo, March 28 (Bloomberg) -- Japan's Nikkei 225 stock average dropped for the fifth day in six, paced by Seven-Eleven Japan Co., after February retail sales fell, forcing supermarkets and department stores to slash prices.

The Nikkei shed 0.4 percent to 11,257.37 while the Topix index added 0.3 percent to 1080.32. Sumitomo Metal Mining Co. and other metals-related companies rose after gold had its biggest gain in seven weeks.

``Individual investors seem to be the major buyers of gold- related stocks on the back of soaring prices,'' said Mitsunobu Einaga, who helps manage $12 billion in assets at Norinchukin Zenkyoren Asset Management Co. ``The outlook for retailers is still gloomy.''

In other markets, South Korea's Kospi rose 0.7 percent after Moody's Investors Service raised the nation's sovereign rating by two notches. China Mobile (H.K.) Ltd. led the Hang Send Index up 0.6 percent after rival China Unicom Ltd. assured investors that competition in the country's mobile phone industry won't intensify. Singapore's Straits Times Index rose 0.8 percent.

In



To: StanX Long who wrote (62396)3/28/2002 12:24:47 AM
From: Sun Tzu  Respond to of 70976
 
I am not sure AMAT would be interested in the market. CHPC is more like a complementary company to KLIC than a competition to AMAT...may be I should recreate that Chip Pack thread again.

ST



To: StanX Long who wrote (62396)3/28/2002 12:25:19 AM
From: Gottfried  Read Replies (2) | Respond to of 70976
 
Stan, I'm thinking of Microsoft: they almost never are first in anything, but often eventually get the lions share.

Chip Pac's profile biz.yahoo.com

and weekly chart [5 bagger from Sept to now] stockcharts.com[w,a]waclyiay[de][pb30!f][vc60][iut!Ub14!La12,26,9!Lf!Lk14]&pref=G

Gottfried