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

To: Ibexx who wrote (621)	3/27/2000 1:05:00 PM
From: Artslaw	Respond to of 1056

Here are the details: biz.yahoo.com RESEARCH ALERT - Amkor EPS estimates raised NEW YORK, March 27 (Reuters) - SG Cowen said Monday it raised its 2001 earnings estimate on Amkor Technology Inc. (NasdaqNM:AMKR - news), the world's largest provider of contract microelectronic manufacturing solutions, to $1.78 from $1.53, citing its acquisition of Anam Semiconductor's facilities in February. -- Said there is further potential upside to earnings based on Amkor's stake in Anam and its water <sic> fab, which is a facility that was developed with inhouse manufacturing facilities using, in this case, processing technology from Texas Instruments. -- Said the acquisition could boost gross margins from under 20 percent in the first quarter to about 26 percent in the third quarter. -- Said Amkor's shares are ``significantly undervalued.' -- Said Amkor is a dominant player in the independent semiconductor packaging area, which is growing amid strong expansion in the semiconductor market, increasing complexity of packaging technology, the rapid growth of ``fabless' semiconductor firms, or firms lacking inhouse manufacturing facilities, and the shift among traditional chipmakers to outsource packaging. -- Said continues to rate the stock a strong buy. --- No new news here, and not much of an effect on the stock. Steve