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Strategies & Market Trends : Value Investing

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To: gcrispin who wrote (26597)	5/15/2007 1:59:38 PM
From: gcrispin	Read Replies (1) of 78673

I added to my underwater position in IMOS. The stock just gets cheaper. finance.yahoo.com SPIL converted their ownership position in CHIPmos Taiwan, a subsidiary, to shares in the company at 6.28. The company is projecting 80 million dollars in free cash flow. But it looks like nobody believes management. Of course, from my experience, it wouldn't be the first time.

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