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


To: JZGalt who wrote (218)6/8/1999 8:14:00 AM
From: Don Lloyd  Read Replies (1) | Respond to of 1056
 
JZ - (Cowen dropped eps forecast to $0.08 for next quarter. That is significantly under the concensus estimate of $0.16. If the Cowen report is correct we could be looking at a very nasty pullback when the next set of eps come out after June.)

No, that's what happened yesterday. The company told the analysts that the major expense increase due to the expansion of production capacity was not reflected in their current estimates for this quarter. The new EPS of $.08 will likely be the consensus when the earnings are announced. Strong orders will result in a stronger second half.

Regards, Don