Vimicro International Corp (ADR) (NASDAQ:VIMC)
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A fabless semiconductor company that designs develops and markets mixed-signal semiconductor products and solutions that enable multimedia capabilities in a variety of products for the consumer electronics and communications markets.
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Earnings due out August 9. If they beat estimates it flies. If they miss it goes down a tad more. The market once again overpunished a good company with good growth prospects in a context of getting nervous about China.