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: TREND1 who wrote (733)	6/27/2000 2:26:00 PM
From: Artslaw	Read Replies (1) \| Respond to of 1056

Doubled up my Amkor at 28 1/2. I am now VERY HEAVY in Amkor (down to 40% cash) I see three possible things that could affect the stock: Missing earnings (which was the cause given today) Highly leveraged (which, in the context of raising rates, makes Amkor look wise for borrowing early--that's about the best spin I can put on it) Korean tension (seems like N. and S. are getting along well, but you never know if that can turn) Why there was a turn so hard today is hard to say, even if someone predicted earnings coming in 10% less. Hmmmm. Well, I bit the bullet with the expectation that no matter what the Fed does tomorrow, the market rallies. . . Steve