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Technology Stocks : Amkor Technology Inc (AMKR)
AMKR 40.76-0.3%Dec 24 12:59 PM EST

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To: JZGalt who wrote (235)6/16/1999 5:05:00 PM
From: tech101  Read Replies (1) of 1056
 
AMKR's recent 10-Q stated:

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However, average selling prices declined less in the first quarter of 1999 than the third and fourth quarter of 1998. As a result of competitive pressures and slow market conditions, the Company anticipates only moderate growth in packaging and test revenues during the second quarter of 1999. However, based on current non-binding customer demand forecasts, the Company expects a strong increase in demand beginning in the third quarter of 1999. The Company believes as market demand continues to increase the rate of average selling price erosion should continue to slow. The Company is currently making capital expenditures and investment in human resources to meet the expected increase in demand. The Company's gross margins could be negatively impacted in the short-term until the increase in demand occurs. (http://biz.yahoo.com/e/990517/amkr.html)

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Is this the "warning" you mean? Otherwise, could you kindly quote any official "warning" about Q2 from Amkor?
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