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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Ken98 who wrote (76406)3/7/2001 1:21:23 AM
From: XBrit  Read Replies (1) of 436258
 
Amkor presently anticipates a first quarter profit from operations in the range of $20 to $25 million, excluding $31 million in goodwill and the amortization of $8 million in deferred debt issuance costs, before $39 million in interest expense, and before accounting for Amkor's 42% share in the loss of Anam Semiconductor, Inc. (ASI). Amkor's share of ASI's first quarter loss is presently estimated to be approximately $25 million.

The latest First Call estimate was 0.04 per share profit. If I read the snow job right, they're now saying "earnings before goodwill" will be -$50M, or a loss of (0.33) per share. That's pretty bad.

So. I'm short a buttload of KLIC, and AMKR is one of KLIC's biggest customers. Suddenly I am really looking forward to tomorrow morning. Ho Ho Ho.
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