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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (115875)	10/31/2000 5:34:03 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

AMKR Look for a possible short play, together with ONIS Looking for maybe tomorrow JNPR puts for a day trade, we don't want to push it though... (or do we ?) AMKR our earnings play already popped 18% today. Amkor sees $300 mln in revs from Toshiba joint venture TUESDAY, OCTOBER 31, 2000 4:59 PM - Reuters NEW YORK, Oct 31 (Reuters) - Amkor Technology Inc. (NASDAQ NM:AMKR), the world's largest contract maker of microelectronics, on Tuesday said that it expects revenues of $300 million over the next 12 months from its joint venture with Japanese electronics firm Toshiba Corp. (:). In August, the companies said they had agreed to form a chip assembly and testing joint venture in Japan. West Chester, PA-based Amkor said the deal is expected to close about Dec. 1. The company said on Tuesday that its third-quarter net income excluding special items was $73 million, or 46 cents a share, up from $34 million, or 27 cents a share in the same period last year. Including special items, net income was $45 million, or 28 cents a share, up from $26 million, or 21 cents a share last year. Revenues rose to $649 million from $502 million in the third quarter of 1999.