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

To: tech101 who wrote (714)	6/14/2000 1:35:00 PM
From: tech101	Read Replies (1) \| Respond to of 1056

AMKR maintained as strong buy more info by: amkr_investor 6/14/00 12:46 pm Msg: 13870 of 13872 USA: RESEARCH ALERT- Amkor maintained as strong buy. 06/13/2000 Reuters English News Service (C) Reuters Limited 2000. NEW YORK, June 13 (Reuters) - Deutsche Bank Alex. Brown analysts Erika Klauer and Ross Seymore on Tuesday maintained the firm's strong buy rating on Amkor Technology Inc. the world's largest provider of contract microelectronic manufacturing solutions, with a 12-month target price of $90. - " Amkor 's share price is down dramatically on rumours of weakness in the current quarters results. We believe the drop is a classic market over-reaction," the analysts wrote in a research note. - The analysts said they had spoken with management who indicated that the quarter was proceeding according to plan. - "The primary constraint on Amkor 's growth is capacity at its customers' wafer fabs," the analysts wrote. " Amkor is well positioned to service all the demand the fabs can offer. This should be especially important as fab capacity finally shows significant growth in 2H00. - The analysts said they remained confident in their quarterly estimates for Amkor .