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Technology Stocks : Semi Equipment Analysis

SOXX 270.83

+1.0%

Nov 21 4:00 PM EST

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To: Return to Sender who wrote (856)	7/24/2001 6:30:03 PM
From: Return to Sender	Read Replies (1) of 95456

Amkor warns of weak Q3, cites economic slowdown biz.yahoo.com NEW YORK, July 24 (Reuters) - Amkor Technology Inc. (NasdaqNM:AMKR - news), a semiconductor packaging and test equipment provider, on Tuesday posted quarterly losses and warned of weak third-quarter results citing a slowdown in the U.S. economy that has hurt demand for its products. The Chandler, Ariz.-based company posted second-quarter losses of 55 cents per share, excluding items, compared to a profit of 33 cents a share. Including items, losses in the period rose to 76 cents a share. Amkor said it now sees third-quarter revenues flat to down 10 percent compared with the second quarter. It also anticipated wafer fab revenue in the period to be flat with the second quarter. The company's shares fell 96 cents, or 5.6 percent, to close at $16.03 on Tuesday, up from a year low of $11.75 and just a half of its year high of $34.81.

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