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Technology Stocks : Amkor Technology Inc (AMKR)
AMKR 48.00-2.4%Jan 16 9:30 AM EST
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To: tech101 who wrote (982)6/24/2002 1:22:57 PM
From: Jim Oravetz  Read Replies (1) of 1056
 
Amkor (AMKR) 5.16 +0.06: Shares have declined 48.6% in past week and 73.8% since 5/2 when co.
reported Q103 results. Thomas Weisel Partners believes co. is on track to meet its revs guidance,
although higher than expected expenses may cause downside to bottom line; thinks investors should
concentrate on emerging trends in Semiconductor Assembly and Test Services industry and capitalize
on current weakness in stock price; believes co. will show significant growth and gross margin
improvement in Q202 and going forward. Firm believes shares are currently massively oversold;
maintains BUY rating; suggests building sizable positions, particularly due to recent share price weakness.

Briefing.com
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