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Amkor Technology, Inc. Message Board

  • jeetertheyank jeetertheyank Feb 15, 2013 12:18 AM Flag

    The Joyce Legacy

    In the 7 years since Joyce became #2 to KIM, AMKR's annual revenue has grown an average of 0% (that's zero percent) while the stock price has lost 2/3 of its value. A legacy of caretaker management and, of course, unfathomable board of director complacency.

    Sentiment: Hold

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    • You can't have the major strategy being the sale of the company and have any real chance to grow it at the same time. There will always be too many decisions that would not be compatible with doing both. I do agree that Kim picked his as a caretaker not someone to build the company.

      With his retirement and the plans for new plant and R&D in Korea, I have more questions than answers for what is going on. His replacement will tells us something.

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