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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (11013)	7/27/2004 4:32:36 PM
From: matt dillabough	Read Replies (1) \| Respond to of 25522

AMKR guides lower for Q3 Amkor is guiding Q3:04 for flat sequential revs and net loss in the range of $0.07 to $0.09 per share, versus Reuters estimates for revs of $527.30 mln and EPS of $0.07. According to the press release, "Looking ahead, there is an increased level of uncertainty in the semiconductor sector. Our customers have become more cautious about end-market demand and are exercising tighter control over inventory," said Bruce Freyman, Amkor's president and chief operating officer. "We have seen a drop off in our customers' forecasts, and this is impairing our visibility into the second half of 2004. While the third quarter is typically a seasonal growth quarter for Amkor, we anticipate that the current inventory correction will impact this seasonality."