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

To: Jim Oravetz who wrote (607)	3/17/2000 2:23:00 AM
From: tech101	Read Replies (1) \| Respond to of 1056

BUYING OPPORTUNITY by: Aartvark (44/M/Atlanta, GA) 3/16/00 9:25 pm Msg: 11977 of 11982 The recent market slump creates buying oppotunity for us investors who know the fundamental value of this company. The stock ran up so fast in recent weeks and this movement is a welcome pause. "Dumb money" (from online trading and momentum trading) propelled a lot of Nasdaq stocks to unbelievable valuations. These same hands are pushing the sell buttons now for 2 reasons: fear and ignorance. Fear is a human instinct while ignorance is simply not knowing the right thing. Both can lead investors to be misguided. I will not pass judgment why people behave the way they behave but I believe, in the instance of Amkor, that being patient will be richly rewarded. Consider the following points: 1. Both SSB and Prudential analysts who recently visited Asia, claimed business is robust and all the fabs/foundries are booked solid for the rest of the year. Visibility is a very significant factor in this business. 2. We really do not know the ultimate financial impact of the Anam purchases. But already the company has announced new clients for the wafer fabs, flip-chip technology licensed ffrom Klic, announced better margins to be expected (confidence!), rampping up P4, etc. You can see a lot of positive things happening and that leads me to believe that the company will do everything to execute. 3. Company is motivated to increase shareholder value. Why? So it can have the currency at least to buy the Anam wafer fabs (Buchon) which are very desirable. Remember after the Anam deal, they will only have 42% ownership. 4. Outsourcing trend is in its infancy. Amkor has a plan to be a major force in the CMS. If you are Atmel or STM, you can go to Amkor for a one-stop TAP deal for all your silicon components such as the microcontrollers, RF chips, amplifiers, etc. It saves time and costs. But to Amkor it is huge margin. 5. Stock is cheap compared to its peers. Oh, lets not forget that Taiwan has so much political uncertainty right now. Did we not learn anything about the earthquake last year? Securing dependable TAP source is important to semi companies right now. I am an investor not a trader. I do my research and own companies with core competency and dominant market share. Amkor has both plus it is riding in a very strong trend that could last at least 2 more years. For Amkor it might even be longer because there is always a spillover effect. But you can bet that the company will morph into a first class contract manufacturer/assembler. I have done extensive research on this company and I can only encourage you to sit tight, ride the volatility, set your goals, and relax. Confidence is key to investment success. Owning a stock is like owning your own business only better because you dont have the headaches of running the business. for those who have been patient, you know who you are, we have been rewarded accordingly. messages.yahoo.com

To: Jim Oravetz who wrote (607)	3/21/2000 12:35:00 PM
From: Jim Oravetz	Read Replies (3) \| Respond to of 1056

Amkor to sell $225 million in notes to help fund purchase of plants By Semiconductor Business News Mar 17, 2000 www.semibiznews.com/story/OEG20000317S0032 WEST CHESTER, Pa.--Amkor Technology Inc. today said it plans to sell $225 million in convertible subordinated notes, due 2007, to partially fund the acquisition of three semiconductor packaging plants from Anam Semiconductor Inc. in South Korea. Last month, Amkor reached a definitive agreement to buy Anam's three remaining chip-packaging and testing factories in Korea for $1.4 billion (see Feb. 28 story). The 5% 114A convertible subordinate notes will be converted into Amkor common stock at a price of $57.34 per share. Amkor said it has granted the initial purchasers of the notes a 30-day option to purchase additional notes to cover over-allotments, if any. Jim