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To: The Duke of URL© who wrote (1310)	7/13/2002 11:54:06 PM
From: Elwood P. Dowd	Respond to of 4345

WEEKAHEAD-Tokyo stocks seen edging up on U.S. earnings By David McMahon TOKYO, July 14 (Reuters) - Tokyo stocks are expected to edge up this week, with investors set to smile on a slew of quarterly earnings announcements in the United States by tech titans such as Intel Corp (NasdaqNM:INTC - News). ADVERTISEMENT "I think some solid earnings results should provide the spark for an overdue rebound on Wall Street, and Tokyo will follow," said Masatoshi Sato, manager at Mizuho Investors Securities' equity division. The benchmark Nikkei average (^N225 - News) slipped two percent last week, dragged down by bruising falls in New York stocks, further gyrations in the faltering dollar, and persistent doubts about the sustainability of the domestic economic recovery. The blue-chip Dow Jones industrial average (CBOT:^DJI - News) slipped 7.4 percent last week, chalking up its worst weekly drop since the stock market reopened following the September 11 attacks. The tech-laced Nasdaq composite index (NasdaqSC:^IXIC - News) racked up its worst week since April with a loss of 5.2 percent. Japan's focus this week is expected to remain on the United States, where earnings season hits full swing and quarterly statements are due from industry titans such as top computer chip maker Intel Corp, Microsoft Corp (NasdaqNM:MSFT - News), and computer giant International Business Machines (NYSE:IBM - News). Next week, Japanese blue chips such as Sony Corp (Tokyo:6758.T - News) and NEC Corp (Tokyo:6701.T - News) are set to announce first quarter earnings, and investors will have their eyes on results from their U.S. peers for hints on the outlook for the tech sector, analysts say.