Amkor Technologies a Cautious Buy

Amkor Technologies (AMKR), a semiconductor equipment stock followed by buyupside.com, is on the late downside of its current price cycle or on the very early upside of the next price cycle.

The Chance of Making Money Model (C3M) says that you have a 92 percent chance of making money if you buy at $5.50, the closing price as of April 27, 2005.

Because prices are in the transition from the downside to the upside, it is too early to know for certain if prices have bottomed. The Price Direction Indicator (PDI) analysis of the current price cycle concludes that AMKR is still on the price downside Therefore, prices could make significant percentage declines from current levels.