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$1.93 0.17 (9.66%)
11/21/2008 4:02 PM

United Microelectronics Corp (ADR) (UMC)

CAPS Rating:
***

An independent semiconductor foundries whose primary business is the manufacture, or 'fabrication', of semiconductors, sometimes called 'chips' or 'integrated circuits', for others.

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Avatar Entrepreneur58 (97.37) Submitted: 6/04/08 3:37 PM : Outperform Start Price: $3.13 UMC Score: 6.59

This is a globally competitive company that has generated 4.2 billion dollars in cash flow from operations over the past 3 years and has returned that money to the shareholders by paying dividends, buying back stock, and paying down debt. A great looking balance sheet with about 7 billion dollars in tangible book value doesn't hurt, either. Worth twice the current price at least.

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