IMOS should take a hit as #2 customer MU lays a $chit.
Ironically, actually have a small long MU position. In contrast to IMOS, it has rising ASPs and will see big margin expansion. IMOS sees contracting margins according to Dave Gras. Funny, didn't I say the same about a month ago. But of course, I'm just a (well) paid basher.
I bought some DFS today. 23% ROE. Lots of people still say, "Discover, I don't use it, terrible company." Company mints cash, buys back stock, and will eventually get bought out for $60+