Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Artslaw who wrote (722)	6/21/2000 4:15:00 PM
From: tech101	Read Replies (1) \| Respond to of 1056

If nobody was manipulating AMKR, how could it drop to about 7 only 51 weeks ago? I thought about the reasons of AMKR's volatility and low value, and sometimes related the problem to James Kim's minority status and its close tie to Korea. However, as always, I compare AMKR to TSM. The CEO of TSM is a minority, too (so neither Kim nor Chang is so intimate to the W-Street), and TSM is an ADR stock while AMKR is a legitimate US company, and the AMKR spokesman -- president does not have a Korean origin. TSM now has 15 times cap and outstanding number of shares and 20 times floating (TSM has almost 2000 million shares outstanding and more than 1000 million shares floating), as AMKR's, with similar revenue. What are the differences? Yes, TSM has higher margin and more profitable, but so is their PE. I still think a small floating is a concern.