Table: The Region's Top Picks
COMPANY/Country U.S. PRICE * P-E RATIO**
GIORDANO INTERNATIONAL Hong Kong $0.44 11 Hong Kong clothing retailer is expanding its network across Asia.
SK TELECOM South Korea $194 17 Early investment in next-generation mobile technology is expected to bear fruit as wireless Net use grows.
TPV TECHNOLOGY Hong Kong $0.31 9 Producer of LCD terminals for customers like Hewlett-Packard. Tech recovery play.
SAMSUNG ELECTRONICS Korea $5.69 9 World's largest chipmaker, also makes consumer electronics. Its move into higher-end goods proved a smart one.
* As of Dec. 14 ** Estimated 2002 earnings
Data: Analysts, Bloomberg Financial Markets