sinking like a dead cow, page-3

Chief,

Looks as if she might head toward mid 80's in the not too distant future. Hopefully people will see the bigger picture and not sell. I thought that the signing of the JV would have pushed the SP over the dollar mark and for it to settle there. Disappointing. UMC need to start selling themselves to maintain a strong SP. Then announce tonnage (even estimated) to strengthen even more.

Only my opinion, but i believe that there are many companies out there, with less going for them than UMC, selling themselves and doing alot better than UMC. They may be punching above their weight, but at least they are punching!!! I believe UMC will come good and prove an excellent investment but at the moment i am a bit disappointed. I hold.