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Technology Stocks : Amkor Technology Inc (AMKR) -- Ignore unavailable to you. Want to Upgrade?

To: JZGalt who wrote (215)	6/7/1999 4:20:00 PM
From: tech101	Read Replies (1) \| Respond to of 1056

How Does SSMB make money on AMKR? messages.yahoo.com  Rated AMKR strong buy first to push AMKR share to 11-12 six months ago.  Borrowing shares from Kim (with reason of keeping liquidity) and shorting the stocks during the past 4 months.  Now downgrading AMKR with projected Q2 earning to 0.08 from 0.16 (purposely and apparently making it much lower than actually possible).  Cover all the shorted shares and start to accumulate in the next few weeks.  Upgrade AMKR to BUY from Neutral when AMKR announces Q2 earning with 90-100% positive "surprise". Just a few million extra bucks in the pocket.