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

To: Nelson Chang who wrote (513)	1/24/2000 1:15:00 AM
From: tech101	Respond to of 1056

The Follow Post Could Give You Some Answers. But other factors include: 1. Misperception on Wall Street (A carton box packer vs high tech company) 2. The misunderstanding about its debt structure 3. The dubious association with Anam 4. Dr. Kim family's extremely high ownership 5. Dr. Kim's low profile and reluctance to directly talk to the Wall Street However, these factors may well be creating golden opportunity for people who have yet owned this stock. AMKOR PROSPECTS by: Aartvark (44/M/Atlanta, GA) 1/22/00 4:49 pm Msg: 11027 of 11036 It is very gratifying to see this stock moved about 20% in the last 2 days. Of course, it needs to pause but here are some things to remember so that the longs keep their perspective in check: 1) 4Q earnings is solid, there might be an upside. What is more important is the forward guidance. First quarter is typically slow for semis, but I believe and heard that company is gradually guiding analysts that first quarter may be flat to slightly better. Expect all analysts to tweak their numbers after the cc. 2) Heard that the company is continuing to showcase Amkor to a lot of institutional investors. The stock move these last two days is an affirmation that it is gaining support. 3) There is a lot of excitement about the contract manufacturing services sector. Next week, STAT/ST Assembly Services from Singapore will launch their IPO. Heard it is 3x oversubscribe. People who wanted to participate but may not be able to because of limited supply will be looking for similar players such as Amkor. Amkor is even better because they have diversified products. 4) The outsourcing trend will continue. Do you know that only 20% outsource their packaging, assembling, testing needs? It has been proven that outsourcing is more efficient. Look at Intel who has been able to fend off against the AMDs, and hopefully Transmeta. Intel has a lot of manufacturing leverage and it helps them to be stronger because they do not have to worry about the packaging/testing side. Wall Street in the past had not been able to figure out contract manufacturing service model. But with the success of Solectron, they now are beginning to notice Amkor on the semi sector. 5) Wait for development on the Anam purchase. More significantly would be the equity it will put into the wafer fab. Texas is the only customer but heard that it may have already won another big customer and pre-testing with 2 others. This will be big as again the excitement in WallStreet is outsourcing. Let's think or imagine that Amkor is contemplating to spin off the wafer fab, do an IPO and voila! their investment could gain 10-fold the way Chartered Semi or the much anticipated STAT may be. I can go on listing other reasons but for now the above may suffice. Sorry for the long posting but I hope you guys hang on as I believe the stock can go to 50. Be well! messages.yahoo.com

To: Nelson Chang who wrote (513)	1/24/2000 8:43:00 PM
From: tech101	Read Replies (1) \| Respond to of 1056

TI sees no easing of chip sales, plans 300-mm installation this year By J. Robert Lineback Semiconductor Business News (01/24/00, 07:38:49 PM EDT) DALLAS--Texas Instruments Inc. here is expecting no seasonal slowdown in chip sales in the first quarter of 2000 after posting a 26% increase in revenues during the final three months of 1999. The Dallas-based company today reported revenues of $2.6 billion in the fourth quarter compared to $2.0 billion during the same period in 1998. TI's net income more than doubled to $430 million vs. $199 million in the final quarter of 1998. For the entire year, TI revenues grew 10% to $9.5 billion compared to $$8.6 billion in 1998. Its pro forma income was $1.5 billion vs. $765 million in 1998. TI said it plans to increase capital spending by 40% to $2.0 billion in 2000 to meet the growing demand for products, and it will begin installing 300-mm wafer equipment in an empty Dallas fab building this year. TI's 300-mm fab is slated to begin production in the second half of 2001. During a conference call with analysts today, TI management said strong demand for digital signal processors and DSP-related analog chips would most likely increase the company's revenues sequentially in the first quarter of 2000 over the fourth quarter of 1999. TI said DSP revenues grew 39% in the fourth quarter from a year ago, while analog sales increased 24%. Cellular phones--a major consumer of TI's DSP chips--are expected to continue strong unit growth in 2000, but TI management is not yet ready to release a forecast for this year. "We don't have an official forecast yet for handset growth, although every indication is that it's going to be very strong again," said William A. Aylesworth, senior vice president, treasurer, and chief financial officer at TI during the analyst conference call. He added that he thought a repeat of the 70% growth rate in 1999 was possible, but "it is really too early for us to put a number on that at this time." TI's R&D budget for 2000 has been set at $1.5 billion vs. $1.3 billion pro forma in 1999. The vast majority of the R&D spending is now going to DSP and analog chip technologies, the company said. semibiznews.com * TI is one of the two largest customers of AMKR with more than 10% of AMKR revenue. The other is Intel.