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UMC July sales bounce

8/8/2012 09:40 AM EDT
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Cowan LRA Model
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re: UMC July sales bounce
Cowan LRA Model   8/9/2012 11:21:48 AM
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goafrit - since one month does not make a trend, the more important trajectory is seen by looking at the by-month 2012 year-to-date (YTD) sales growth numbers compared to 2011. These by-month YTD sales growths are presented below: Jan to Jan = -15.8% Jan thru Feb = -16.0% Jan thru Mar = -15.5% Jan thru Apr = -12.7% Jan thru May = -10.6% Jan thru Jun = -8.7% Jan thru Jul = -6.3% As illustrated this monthly trend is definitely improving but still negative through July. Mike Cowan

goafrit
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re: UMC July sales bounce
goafrit   8/8/2012 6:48:56 PM
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This is essentially the kind of trajectory I expected. Many people are saying the economy is tanking, but the earnings are looking good. I will vote with the data over mere pundits. Hope UMC sustains this momentum.

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