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Technology Stocks : Amkor Technology Inc (AMKR)

AMKR 34.92

+3.3%

3:59 PM EST

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To: tech101 who wrote (357)	9/3/1999 12:08:00 PM
From: tech101	Read Replies (1) of 1056

RESEARCH ALERT - Amkor raised to buy NEW YORK, Sept 3 (Reuters) - Salomon Smith Barney analyst Jonathan Joseph raised his rating on Amkor Technology Inc., a provider of contract semiconductor packaging and test services, to buy from outperform Friday. -- The price target was boosted to $25 from $18. -- ''Amkor is seeing orders run well ahead of plans and grow faster than any time in the company's history, including during the last semiconductor boom from 1993-95,'' Joseph wrote in a report. -- He raised his earnings-per-share (EPS) estimate for 1999 to $0.65 from $0.63 and for 2000 to $0.95 from $0.85. -- Amkor shares were up 1-5/16 to 19-1/2. biz.yahoo.com

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