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Technology Stocks : Amkor Technology Inc (AMKR)
AMKR 48.33-3.3%Jan 30 9:30 AM EST

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To: tech101 who wrote (125)3/19/1999 9:54:00 PM
From: tech101  Read Replies (1) of 1056
 
Bloomberg Business News (April 1, 1999)

messages.yahoo.com@m2.yahoo.com
by: gzkom

1. The independent board approved the AMKR/ANAM K4, and the transaction is expected to be closed in July 1, 1999.

2. Intel (INTC) and Texas Instrument (TXN) acquired from Kim's family 15 million and 10 million shares of AMKR stocks respectively through private placement at undisclosed prices.

3. Th founding father of AMKR Mr. James Kim is elected as the Chairman of Amkor Technology.

4. Mr. Xyz is appointed as CEO of AMKR. Xyz served as Executive Vice President of Intel for the past 10 years before joining AMKR.

Is this news realistic? Can anybody make a guess what AMKR stock price is now? And what would be Kim's family's net asset now (more or less)?



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