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$2.71 -0.08 (-2.87%)
7/8/2008 4:00 PM

ChipMOS Technologies Ltd. (IMOS)

CAPS Rating:
****

The Company provides a range of semiconductor testing and assembly services for memory, mixed-signal, and LCD and other flat-panel display driver semiconductors.

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Avatar this1sucks (< 20) Submitted: 2/20/08 2:26 PM : Outperform Start Price: $3.52 IMOS Score: -16.98

The stock has been beaten down too much. The short term chip over-supply issue is likely to slow competitive cap-ex and bring production in line with demand. When this happens, this company is likely to benefit from normalization of prices. I predict an increase in the stock to $6 by July 2009.

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