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The Company develops, manufactures and markets infrastructure products for wireless voice and data applications.
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waynekclark (< 20) Submitted: 10/30/07 10:08 AM : Start Price: $12.80 SCON Score: -47.20
The scam is not in the company. The scam is in the trading. STI is a legitimate company with legitimate products and real customers like AT&T, Alltel, verizon, sprint, and others. Until recently their filter/amplifiers (no, they don't make cell phone components) for base stations were cost prohibitive for thier customers. The current leadership has taken the company in a new direction with a redeveloped business model and more streamlined operations that have reduced the cost to produce a quality, efficient product. Their persistence as a company will pay off. Yes, the stock is way over it's head at this point, but this stock has been a favorite of short term traders since the mid 90's. So, I have bought this stock many times since the late 90's and sold on news. But I have always held on to a portion of the shares because I really do believe this speculative stock will pay off long term.
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