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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (6043)	10/10/2002 3:24:11 AM
From: StanX Long	Read Replies (1) \| Respond to of 95525

Tokyo's Nikkei down 3.11 pct, banks hammered Thursday October 10, 11:37 AM sg.news.yahoo.com By David McMahon TOKYO, Oct 10 (Reuters) - Tokyo's Nikkei average tumbled to new 19-year lows on Thursday morning as banks led a broad-based retreat on nervousness over Japanese government policies to ease the deflationary effects of a tougher stance on bad loans. A dive on Wall Street and persistent foreign selling also dragged down key blue-chip components of the Nikkei such as Toyota Motor Corp , traders said. The benchmark Nikkei average was down 3.11 percent or 265.67 points at 8,273.67 by midsession after tumbling 4.01 percent to 8,197.22, its lowest level since mid-1983. The capital-weighted TOPIX index lost 2.94 percent to 819.48, dragged down by heavy falls in megabanks such as Mizuho Holdings Inc . "There's been a vacuum in policymaking since the government signalled its tougher stance on bad loans last week," said Hiroaki Kuramochi, head of equities at Credit Lyonnais.