31.   These declines were fueled by worries brokerages will cut their forecasts for profits of chip and semiconductor equipment manufacturers.

32.   Toshiba Corp. cut its forecast for group profit by a quarter for the year ending March, citing declines in semiconductor prices.

33.   Turmoil in Asian economies has forced analysts to cut their forecasts of the growth in demand from Asia.

34.   Wall Street analysts had cut profit forecasts and taken Enron off their recommended lists.

35.   Yet even some executives say China Light may have to cut its forecast for growth in maximum demand.

36.   Zafar Kahn, analyst with SGST Securities Ltd, also said the brokerage would cut earnings forecasts.

37.   Its stock fell sharply Monday, and continued its slide during the week as analysts cut earnings forecasts.

38.   Meanwhile, Lucent and Nokia cut sales forecasts.

39.   Prudential Securities has cut its forecasts for both IBM and Dell Computer, putting pressure on the high-tech sector once again.

40.   That prompted chief executive Heinrich von Pierer to cut his forecast for earnings this year and say the company would soon roll out cost-cutting plans.