UMC is a good buy at this level. 1. The revenue is very good compared to last year, although it is slightly lower than 2nd quarter.2. The outlook for is year is promising. 3. The fouth quater will be much better due to potential holiday sales. 4. With P/B=2.57, it is very cheap.5. It has the monmentum: http://stockcharts.com/def/servlet/SC.web?c=UMC,uu[l,a]dacayyay[dd][pb20!b200!f][vc60][iut!Ub14!La12,26,9]&pref=G6. Price target for the near future: 6.8.