Taiwan Semiconductor Price Targets

dots Posted on September 26, 2005 , filed under Stocks | Print This Post

Symbol: TSM, Taiwan Semiconductor

Intelligent Investor Strength: 8
Chart Strength: 7
Speculation and Greed Strength: 10

RawGreed Strength Rating: 8.75

Target Buy Price: under $8
Target Sell price: $10 within 3-6 months, $11-$13 in 6 months-1 year.

Notes: I remain bullish on TSM and it’s prospects during the next consumer electronics cycle, which will bring 720p HDTV, HD-DVD, Blue-Ray, new gaming consoles and a host of new undeveloped technologies that will follow in suit.

*Disclaimer: I own 4598 shares of TSM at an average purchase price of $9.02

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