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StockIceMan's Weekly Stock Pick
Week of November 13, 2006


Stock: Amkor Technology Inc
Ticker Symbol: AMKR - Nasdaq - Management Services
Buy: 8.00 to 8.50
Sell: 12.00
Info: Amkor Technology, Inc. provides advanced semiconductor assembly and test services in the United States and internationally. It offers a range of package formats and services primarily in leadframe and laminate families. Its leadframe package types comprise SOIC and QFP, which support various device types and applications, as well as leadframe package offerings that consist of MicroLeadFrame family of QFN or Quad Flat No-lead packages for radio frequency and wireless applications. The company’s laminate products include SuperBGA, which is designed for low-profile, high-power applications; TEPBGA-2, which is designed for thermal performance in high power applications; and System-in-Package modules, which integrate various system elements into a single-function block. It also offers turnkey flip chip solutions, including wafer probe, wafer bumping, packaging, and test and drop ship on 200mm and 300mm wafers, as well as provides outsourced packages based on MEMS that are used in a range of industrial and consumer applications, including automobiles and home entertainment. In addition, the company provides various test solutions, including wafer probe, final test, strip test, marking, bake, dry pack, and tape and reel, as well as drop shipment for various devices, including digital, linear, mixed signal, memory, and radio frequency. Further, it offers engineering services, which include conversion of single site to multisite, test program development, test hardware development, and test program conversion. Amkor has strategic manufacturing partnerships with various semiconductor companies and electronics OEMs for the provision of package design, assembly, and test solutions. The company’s operational base encompasses manufacturing facilities, product development centers, and sales and support offices located in key electronics manufacturing regions in Asia, Europe, and the United States. Amkor was founded in 1968 and is headquartered in Chandler, Arizona
Financial Info: For the six months ended 6/30/06, revenues increased 47% to $1.33 billion. Net income totaled $58.2 million vs. a loss of $171.7 million.
Key Ratios: Current Ratio: 1.212, Total Debt/Equity: 5.851, Trailing P/E: 9.54x, Forward P/E: 9.15x,  Price/Book: 4.28, Price/Sales: 0.55
Share Info: There are 178.11 million shares outstanding with 107.31 million shares in the trading float. Institutions own approximately 48.10% of the shares outstanding. There have been no insider purchases or sales in the last six months. Real-Time SEC Filings

As of 10/10/2006, there were 13.65 million shares short.

Net Institutional Buying:  11.85 million shares prior to latest quarter.
Articles: Amkor Tech Up on Strong Forecast

 
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