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

To: tech101 who wrote (481)	1/3/2000 11:53:00 AM
From: tech101	Respond to of 1056

SEMI stock index of capital equipment companies triples during its first year Semiconductor Business News (01/03/00, 09:38:54 AM EDT) MOUNTAIN VIEW, Calif. -- Stock prices of semiconductor equipment and materials suppliers in the SEMIndex rose 204% in 1999 and 63% in the fourth quarter, the capital equipment trade association said today. Semiconductor Equipment and Materials International (SEMI), which sponsors the equity index of 65 semiconductor suppliers, said this significantly outpaced both the Philadelphia Semiconductor Index (SOX) and the Nasdaq Composite index. Thomson Investors Network, a subsidiary of Thomson Financial Services, produces the index for SEMI. The SEMIndex closed the fourth quarter of 1999 on Dec. 31 at 304.47. The index debuted last Jan. 4 with a value of 100, and was made public during the SEMInvest conference in February (see Feb. 18, 1999, story). In comparison, the Philadelphia SOX rose 101% and the Nasdaq rose 84% during the same period. The market capitalization of the index also tripled, from $65 billion to $198 billion as of the Dec. 31 close. "While 1999 was a banner year for high technology stocks, it was especially good for companies in our industry," said Stanley Myers, president of SEMI. "New technologies and electronics, led by the continued growth of the Internet and telecommunications, are spurring increased demand for semiconductors and new semiconductor technology. SEMI's members are seeing this through increasing orders and sales of new equipment and materials, a trend industry analysts expect to continue in 2000 and beyond. Investors, for their part, have clearly recognized the value of our industry and see the potential for continued growth." SEMI said the largest growth was experienced by companies with a market capitalization of $1 billion or more. The large-cap sub-index closed at 325.26, up 66% for the fourth quarter and up 225% for the year. Micro-cap companies of $50-100 million in market value also fared well through the year, closing at 244.39, up more than 144% for the year. Among the regional sub-indices, Japan was the leading growth area, SEMI said. The sub-index of eight Japanese companies closed at 371.15, up 66% for the fourth quarter and up 271% for 1999. The SEMIndex consists of companies with a market capitalization of at least $50 million and which derive 50% or more of their revenues from sales to the semiconductor and/or semiconductor-related industries. Companies must maintain those levels to continue being listed in the index 192.215.73.54 Remark: AMKR is one of the 65 SEMIndex stocks.