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

To: Alan Newman who wrote (467)	12/19/1999 1:46:00 AM
From: tech101	Read Replies (1) \| Respond to of 1056

Businessweek Article - AMKR by: Aartvark (44/M/Atlanta, GA) 12/18/1999 1:41 pm EST Msg: 10587 of 10592 An article titled "Making the Most of a Good Situation" in Businessweek/Dec.27 highlighted 900 companies with projected earnings and long-term growth based on IBES survey of 4101 analysts. Amkor is one of them, pitted against the likes of Broadcom, Intel, Conexant, LSI Logic, JDS Uniphase, Natl Semi., Texas Instrument, Analog Devices. Clearly from the table or the outlook scoreboard, Amkor is one of the cheapest, if not the cheapest. Do not underestimate the earnings power of this company! Consider what the BW table shows as indicated below: 1999 Price % change - 150 Earnings growth '94-98 - 50.1% ROE - 13.9 Price/BV - 582 P/E - 43 based on price of 27 Price/Sales - 1.8 (really cheap) PE to Growth Rate - 1.5 (again really cheap!) 98 EPS - 0.70 99 EPS - 0.70 (could more than top) 00 EPS - 1.06 (not counting the Korean purchase) Long term growth rate - 25% I will again stress that EPS could grow faster which could lead to PE multiple expansion. I recently had a discussion with a top ranking officer of the company. While no details were provided, the company is betting big on its microboard business which they expect could grow from zero to half a billion in revenues within 3 years. Output is on tight allocation, prices have firmed up due to tight capacity, gained more customers who are requesting long-term alliances, etc. I have not seen or heard any company that is so upbeat and confident. Enough said!

To: Alan Newman who wrote (467)	12/22/1999 2:25:00 PM
From: tech101	Read Replies (1) \| Respond to of 1056

More good news... by: TG2898 12/21/99 8:07 pm Msg: 10640 of 10652 Below is an excerpt from Prudential Securites' Equity Research report on the Semiconductor Capital Equipment Industry dated December 21, 1999: INVESTMENT HIGHLIGHTS: "While a return to cyclical growth will be broad-based and benefit our entire universe, we feel AMAT, AMKR, and ATMI represent the best place to put your money in 2000." OUR TOP PICKS FOR 2000 Amkor Technology (AMKR) - Strong Buy - 12mo. Price Target $35 "AMKR, purest play on IC unit growth and the growing outsourcing model. AMKR is the leader in contract IC packaging, nearly 3x larger than the nearest competitor. We expect sequential IC unit growth quarter to quarter in 2000. AMKR?s increasing leverage from rising unit growth is having positive impact on the earnings model. Utilization rates and outward visibility are at historic highs. Advanced packaging lines at AMKR are at near full capacity, and the company expects to add capacity to meet ever growing demand in 2000 and beyond. Our gross margin expectations of 19.7% over calendar 2000 are conservative, a 100 basis point improvement in gross margins bring 15-20 cents to the bottom line on a yearly basis. We expect that a gross margin of 20-22% is achievable through this cycle. There is a possibility of significant upside in this stock and we recently raised our price target to $35 from $25. We believe that AMKR is well positioned to grow revenues, margins and EPS through it leadership in the market and its increasing leverage. Figure 2 shows the expected sequential growth of AMKR 1998-2001E."

To: Alan Newman who wrote (467)	1/20/2000 7:54:00 AM
From: Alan Newman	Read Replies (1) \| Respond to of 1056

More good news from Briefing.com: 07:36 ET Amkor Technology (AMKR) 31 1/2: CIBC World Markets initiates with "strong buy" and price target range of $47-54; believes AMKR should be a core holding in any technology portfolio; two positives: increasing technology barriers to entry in the semi assembly/packaging mkt; and expectations that semi manufacturers will externally source a greater portion of their future packaging requirements bode well for AMKR.