umc 2007 broker stats, page-17

Andy, i should have bought into UMC long ago. I was actually very close to not long ago in the 60's (or around that post Aug sell-off). I wish i did.

Ive always seen UMC as been apart of the next group of aspiring mid-cap FE companies. Mid cap been a few hundred million mkt cap - clearly well above these levels.

Its only (and i emphasis only) shortfall seems to be mngmt. YML have done well because they have promoted the company. Pato's have put out 2 buy reco's - the first at 40cents; the 2nd this week - and seem to have supported the stock. Unless im mistaken, mngmt here seem to have shielded away from getting coverage (either from brokers or newspapers/miningnews etc...).

I acknoweledge that old-school managers manage this way (take a look at AAR - great assets - dull management), but it really delays and stalls the share price.

I mean look at fortescue. They've always been on the front foot knocking doors down and getting the job done - even when the insto's turned them down (when the sp was sub $5... now who's laughing now; lol)

Good luck andy. I hope it works out well for you!

:)