United Microelectronics Corp (ADR) (NYSE:UMC)
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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GUT FEELING. I HAVE OWNED THIS STOCK, SOLD IT BECAUSE I WAS PAYING TOO MUCH IN TAXES ON IT. I MAY BUY AGAIN.
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United Micro is way undervalued. Will make 3G chip for 3G IPhone.
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As the micro cip market goes upside so will this.
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More and more chipmakers are turning to foundries for their chip manufacturing due to the high investment and the technical challenges. While TSMC is my favorite foundry a lot of chipmakers will likely want to avoid having all their chips manufactured by one partner, so UMC should see a nice boost.
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undervalued at present price with historically reliable dividend
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buy now while its low
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target of 4.50
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This ADR is a defensive play against the dollar slide and will start to climb with the 4G telecom boom now that is has retooled for producing these multi communication platforms.
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technology breakthrough
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Third largest semiconductor manufacturer in the world. This stock is under priced.
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There may be some excess capacity in the semiconductor industry during the first half of 2007 but this company will make some major moves within the next year to year and a half. Based on relative valuation to its peers, UMC is definitely undervalued.
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Undervalued
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tough margins in foundry business, more cheap mainland Chinese competition
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Stable company. Will outpace S
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silent, but steady. just a gut feel.
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This Co. has a good handle on profitable new technology picks to ride their horse on.
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