Vimicro International Corp (ADR) (NASDAQ:VIMC)

Undervalued

Jason Kelly and Fool spec play

semiequi2011

Profile
Vimicro International Corp.
15th Floor Shining Tower
No 35 Xueyuan Road Haidian District
Beijing, 100083
China - Map
Phone: 86 10 6894 8888
Fax: 86 10 6894 4075
Website: www.vimicro.com/english2/index.html

Details
Index Membership: N/A
Sector: Technology
Industry: Semiconductor - Specialized
Full Time Employees: 724

Business Summary

Vimicro International Corporation, through its subsidiaries, designs, develops, and markets mixed-signal semiconductor products and system-level solutions for the consumer electronics, communications, and surveillance markets in Mainland China, Taiwan, Japan, Hong Kong, and Korea. It offers mixed-signal multimedia processors for personal computer and embedded notebook cameras, as well as for mobile phones. The company provides system-level solutions that include integrated semiconductors, customizable firmware and software, software development tools, reference designs, and applications support. It also offers video surveillance and security products comprising video capturing, compression, transmission, storage, processing, display, and video analysis products. In addition, the company involves in packaging, testing, and reselling third party image sensors. Its products support a range of standards, platforms, and components to facilitate its customer?s designs, and their assembly and supply chain management processes. Vimicro International sells its products through direct sales force and distributors to original design manufacturers, original equipment manufacturers, design houses, and module manufacturers. The company was founded in 1999 and is based in Beijing, the People?s Republic of China.

***All above information from YAHOO FINANCE***

Don't buy this company until it is making a profit.

chk999

A small but very well run chip mfg., located where long-term demographic consumer trends are evergrowing.

Buying this on a rec and significant cash holdings. Could see it just as easily fail as succeed. I'm betting on success with their cash holding.

bought this one at about $7. Morningstar analyst's have reduced fair value for Vimicro given the sustained competitive environment which Vimicro is no longer able to dominate, despite its leading technological advantage.

The Gardner's call for a buy under $11 is no longer valid but the rollout of China's domestic G3 network in 2008 should provide further avenues for growth.

I've followed the stock down to $4.91 and am holding there. Anyone contemplating buying now should be rewarded with a bounce in a year or so.

under review

As of close of business on 12/31/07, this was a 5-star Morningstar stock that was trading at less than half it's Morningstar fair value.

Currently priced near its book value. Someone will buy or the analysts will take notice (like they did with CMGI).

run stock run. good boy.

Like all pops chinese stocks.At a give away price range of $4 and anything we all know where its headed in the end.Will be slinging out some products for a small company and as all pops stocks sure to make pops and grandma happy again.I tell ya,Grandma love her some pops.

This stock was just cut by Morgan Stanley... I don't understand. They have no debt, and a rising webcam market. They beat the street in August, and outlooks are positive for a great Q3 earnings report. Buy now, and hold on tight...

83% insider holdings, 117M cash, 0 debt

Good cash position, has been beat to hell unfairly.

GOOG

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.