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

To: Michael Peterson who wrote (354)	9/3/1999 1:05:00 AM
From: tech101	Respond to of 1056

The news does not mention the target price. However, the old target was 19, I think, when AMKR was rated a "buy". You have to remember that Prudential is one of the most conservative brokerage house in the Street. quote.bloomberg.com

To: Michael Peterson who wrote (354)	9/3/1999 11:09:00 AM
From: Bob (pugs411)	Read Replies (1) \| Respond to of 1056

AMKR: 3Q99 BUSINESS MOMENTUM IS STRONG AND VISIBILITY IS IMPROVING. WE ARE RAISING OUR RATING AND PRICE TARGET (Prudential Securities) 12 month target price: $25 from $19. You can access this report through www.multexinvestor.com. You must register to multex investor and also register to prudential securities to see report. All registrations are free. Happy investing!!!!

To: Michael Peterson who wrote (354)	9/3/1999 12:04:00 PM
From: tech101	Read Replies (1) \| Respond to of 1056

July's Surprise: Chip Sales Surge After Soft Start to Summer A service of Semiconductor Business News, CMP Media Inc. Story updated 3:45 p.m. EST/12:45 p.m., PST, 9/2/99 By J. Robert Lineback SAN JOSE--After stalling out in June, worldwide chip sales surged in July, growing 2.9% to $11.55 billion compared to $11.22 billion in the previous month, based on a revenues report from the Semiconductor Industry Association here today. July's month-to-month increase was the strongest this year following a slowing of chip sales growth in the second quarter. The sudden jump in global chip sales comes somewhat as a surprise after June's revenues dropped 0.6% from totals recorded in May, based on the SIA's three-month moving average. Chip sale totals have been running higher than a year ago because of last year's severe recession, but pricing competition and new battles for market share in key chip segments have eroded growth rates in the past three months, according to analysts. July, however, seems to signal a change in chip recovery that began last summer. In addition to the strong billings report from the SIA, orders for computer systems surged in July as well, according to new figures released by the U.S. Department of Commerce. "The computer orders had one of their biggest month-to-month jumps I've ever seen," observed veteran chip analyst Bill McClean, president of IC Insights Inc. in Scottsdale, Ariz. "The Commerce Department said July was up over June by 19% in terms of dollars--$13.4 billion compared to $11.3 billion. That increase came despite the low average selling prices of PCs." Along with the jump in computer orders, several key IC markets are strengthening, said McClean, citing flash memories and microprocessors. Flash devices are now in short supply and revenues for those nonvolatile memories grew 100% in July over the same month last year--$313 million vs. $156 million, he said. Average selling prices for microprocessors jumped from $72 in June to $90 in July, McClean added. "Once Intel stopped AMD and the rest of the suppliers from competing at the low-end segment, we have started to see average prices increase and that will work into the marketplace [revenues]," McClean predicted. The new SIA global billings report certainly paints a brighter picture for chip makers than a year ago--when the 1998 recession was about at its lowest point. Compared to a year ago, July's sales were 19.3% higher than $9.68 billion in July 1998. "July's global sales continued the robust growth that began in mid-1998," observed George Scalise, president of the SIA. And compared to June, chip sales in July were up in all regions with Japan registering the strongest gains--4.2% to $2.56 billion vs. $2.46 in June, said the SIA. Europe resumed sales growth in July with an increase of 1.4% to $2.36 billion compared to $2.32 billion in June following a decline of 2.8% in the last billings report (see Aug. 5 story). The contrast between July 1998 and July 1999 was strongest in the Asian Pacific region and Japan, said the SIA. Semiconductor sales grew 29.2% in the Asia Pacific region to $2.83 billion compared to $2.19 billion in July 1998, while chip revenues in Japan were up 24.8% to $2.56 billion vs. $2.05 billion a year ago. Chip sales in the Americas were up 18.0% to $3.79 billion in July vs. $3.22 billion in the month last year, and revenues in Europe rose 6.3% to $2.36 billion compared to $2.22 billion in July 1998, according to the SIA billings report. How July chip sales stack up Market July 1999 June 1999 % change July 1998 % change Americas $3.79 billion $3.66 billion 3.6% $3.22 billion 18.0% Europe $2.36 billion $2.32 billion 1.4% $2.22 billion 6.3% Japan $2.56 billion $2.46 billion 4.2% $2.05 billion 24.8% Asia Pacific $2.83 billion $2.77 billion 2.1% $2.19 billion 29.2% World total $11.55 billion $11.22 billion 2.9% $9.68 billion 19.3% 204.247.196.31

To: Michael Peterson who wrote (354)	9/8/1999 12:51:00 PM
From: tech101	Read Replies (1) \| Respond to of 1056

PC Unit Volumes to Surge 24.8% in Q3, Predicts Research Firm A service of Semiconductor Business News, CMP Media Inc. Story posted 10:45 a.m. EST/7:45 a.m., PST, 9/8/99 FRAMINGHAM, Mass.--Personal computer unit shipments in the third quarter are expected to grow 24.8% over PC volumes in the same period last year, said market researcher International Data Corp. here today. The strong growth in worldwide PC shipments will come on the heels of a 36% increase in unit volumes in the second quarter compared to a year ago, IDC said. "Prices keep coming down and consumer interest in PCs keeps going up," said analyst John Brown, research manager of IDC's Worldwide Quarterly PC Tracking report. "IDC believes that consumer demand combined with the traditional seasonal uptick in sales will result in very healthy global demand this quarter." Unit shipments are expected to rise 7.2% in the third quarter from 10.9 million PCs in the second quarter, said the market research firm. In the second quarter last year, PC makers delivered 8.0 million computers, estimated IDC, which credits cheap systems, healthy growth in Asia and the still strong U.S. economy for the continued surge in personal computer shipments. Japan has the highest year-to-year growth rate in the second quarter with an increase of 39%, according to IDC, which is forecasting a 32% increase in PC shipments in the country during the current quarter. Western Europe's PC demand is expected to grow 16.3% in the third quarter, while U.S. PC volumes will be up 12.2% to 12.2 million units in the third quarter, IDC predicted. PC shipments in the Asia Pacific market will be up 34.3% in the third quarter compared to last year, IDC said. China, India, South Korea and Australia are expected to drive the growth in the region. Political unrest in India, Indonesia and Malaysia could hamper the regions growth in the second half of this year, cautioned the research firm.