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

To: tech101 who wrote (170)	4/21/1999 8:57:00 PM
From: BigLouie	Read Replies (2) \| Respond to of 1056

Earnings up 33% from last year. EOM M

To: tech101 who wrote (170)	4/22/1999 1:35:00 AM
From: tech101	Respond to of 1056

$2.1 billion revenues and 80 cent earnings in 99 In today's conference call, the AMKR CFO said Q1 has traditionally been the slowest quarter that makes about 20% of the annual revenues. It can be easily figured out that based on Q1 revenues of $420 million and 16 cents eps, Amkor may realize annual revenues of $2.1 billion and eps of $0.80 in 1999. Considering the following factors: 1. Asia economy recovery 2. Chip industry recovery 3. Current utilization ranges from 65-87%, but is increasing. High fab utilization will greatly improve profit margin 4. K4 purchase will reduce production dependence on Anam from 65% to 43% that may translate to a contribution of $20 million profit increase (18 cents/share) 5. Tax holiday starts when K4 purchase is realized (current tax rate 29%). the above figures are conservative.