UTStarcom Holdings Corp. (NASDAQ:UTSI)

CAPS Rating: 2 out of 5

The Company designs, manufactures and sells telecommunications infrastructure, handsets and customer premise equipment and provide services associated with their installation, operation, and maintenance.

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Member Avatar cibient (21.94) Submitted: 5/31/2012 5:45:56 PM : Outperform Start Price: $3.42 UTSI Score: -49.43

A China small cap stock with great potential, where have we heard that before (AOB, HQSM, XING/QXM anyone)? After being burned by several of these Chinese small caps, this one appears to be legit, with similar balance sheet characteristics as ACTS.

I actually held UTSI in MRLP years ago when they were actually a telecom company. Now, with cash per share exceeding the stock price, there is a buffer in place as with ACTS. The stock has not shown up on the Trading China Tracker site ( http://www.fixyou.co.uk/tracker_scorecards.php ), which should be good news.

Cash was verified by an "independent" audit:
http://seekingalpha.com/article/331362-utstarcom-company-insiders-to-buy-back-shares

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Member Avatar johnnykillz (26.68) Submitted: 5/29/2010 4:04:40 PM : Outperform Start Price: $6.09 UTSI Score: -129.11

Book value company could win big!

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Member Avatar ihategoogle (66.17) Submitted: 2/23/2010 12:44:51 PM : Outperform Start Price: $6.45 UTSI Score: -129.56

Company has fallen hard and has continued to stay at the bottom a lot longer than I or any of my fellow UTSI shareholders would like to admit. What was thought to be a darling just a few years ago with a ton of cash and great technology has been managed by the BOD and C's into the ground.

However, they still have cash and technology and hopefully all of their time spent developing IPTV markets in China and India will finally pay off. I'm betting it finally happens in the next two years and the stock price hits $13 around Feb. 2012.

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Member Avatar yahooihategoogle (< 20) Submitted: 2/22/2010 1:20:11 PM : Outperform Start Price: $6.45 UTSI Score: -127.43

I've been buried for a number of years by this stock but I still believe that if they can stay in business there is upside here. IPTV will continue to grow in China and India and UTSI is the undisputed leader.

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Member Avatar PatrickDickey (55.11) Submitted: 8/2/2009 2:11:14 AM : Outperform Start Price: $5.19 UTSI Score: -136.70

UT Starcom is constantly signing different contracts with various Asian Governments and customers. Currently they (more aptly their executives) are in a lawsuit for releasing inaccurate information, which caused the price to drop substantially.

After the suit is finished, I believe the stock price will start it's climb back to the levels that it was prior to the drop.

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Member Avatar padparadsha (< 20) Submitted: 6/1/2009 8:27:23 AM : Outperform Start Price: $6.39 UTSI Score: -161.50

IPTV growth, China

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Member Avatar xplorshinji (65.59) Submitted: 9/5/2008 2:45:53 PM : Outperform Start Price: $9.33 UTSI Score: -128.13

IPTV needs time to implement and roll out to the masses. Good headway in India and expanding outside of china. OPEX is still an issue resulting in cash burn. Once the contracts rolls in and more cost cutting happens, this stock should be a few bagger.

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Member Avatar RLW7070 (< 20) Submitted: 5/31/2008 12:06:13 PM : Outperform Start Price: $14.34 UTSI Score: -122.35

growth of telecom equipment and China plus this stock is undervalued and turning its business around

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Member Avatar kensenses (< 20) Submitted: 5/15/2008 1:53:47 PM : Outperform Start Price: $13.83 UTSI Score: -119.69

1 month momemtum above 50 day moving average

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Member Avatar RkM18 (< 20) Submitted: 5/14/2008 9:25:05 PM : Outperform Start Price: $13.65 UTSI Score: -119.93

Trend is your friend

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Member Avatar handoverhill (< 20) Submitted: 5/7/2008 10:49:32 AM : Underperform Start Price: $11.61 UTSI Score: +115.51

Thsi stock is in the services sector and the industry of communications services. At the end of last year this stock's revenues fell less than 1% and the net loss rose 67% and the revenues reflect lower sales from broadband infrastructure, multimedia communications, handsets and services segment.

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Member Avatar qubit16 (98.67) Submitted: 12/3/2007 9:00:36 PM : Underperform Start Price: $8.34 UTSI Score: +102.08

sd

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Member Avatar shumba17 (< 20) Submitted: 10/16/2007 7:03:10 PM : Outperform Start Price: $13.80 UTSI Score: -108.86

Stock is extremely undervalued at its current price. Almost 50% of book value alone. This will become the absolute stock pick of the year. As soon as they become current in Financials within a few weeks, the shorts will be squeezed, the stock will become hot once again. UTSI has landed more contracts than ever in the past few months. Reasonable 1 year outlook is 20 to 25. 2 Years or more is50 and up.

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Member Avatar Kernalken111 (< 20) Submitted: 10/3/2007 12:43:33 AM : Outperform Start Price: $12.54 UTSI Score: -107.68

Since I am a new buyer of UTSI and I believe in the news and messages that I�ve heard in the past month, here is a summary of what I have learned: Please respond and add to anything that I have missed, so Longs can have all the information for the upcoming two months when specific events and milestones occur and provide buying opportunities. Help everyone with their due diligence and it may help in providing a summary of the information that can be verified elsewhere. Here is the staring point for this topic:

-Expect restatement of UTSI�s annual and quarterly financial statements for the years 2000 through 2005, as well as quarterly reports for the first two quarters of 2006.- This should occur by the 15th october by latest. On the 17 Sept the market liked this news and the stock finished regular trading up 40 cents, or 14.9 percent, at $3.09

--shorts have less than 10 days to complete the buying (Short Squeeze) due to good news expected.

--Expected good news on China Division restatement and run up or run back to previous levels of stock price.

--Expectation is that it will cover the freefall from the June levels to the $5 range. When, tech name UTStarcom of Alameda, Calif., fell 11.4% to $6.48 on news late Friday that Ying Wu, CEO of its Chinese unit, had departed.

--Others expect it to cover the previous freefall to the Feb 2007 timeframe of $10 per share.

--Some seem to think that a minimum would be to cover the distance to the Book Value of UTSI which is $7.52 per share which was last seen on May 3, 2007.

-Then Nov 28, 2007 more favorable information is due in the form of a

-UTSI is in expanding markets of China and India and expect to profit from being well positioned with good products.

-Recent release of the CDM8935, the 'Mini', with Cricket(R) seemed like good news but did not move the stock price.

-33M share short with any good news should accelerate buying due to short covering.

-I like the UTSI cash position of $5.44 per share or Cash after debt of $2.00 a share.

-I like Revenue per share of $20.44.

-Motley Fool lists UTSI as one of the 7 Surprising 1-Star Stock that their CAPS community like, having appreciated nearly 30% in the last 30 days.

-Since this past week the stock has gone down on low volume, means that the Longs expect good news and are not selling, indicating the expected good news could really hurt the shorts if there are no shares available to cover their short position.

- September 18, 07- The company said in a conference call late Monday it is working to reduce quarterly operating expenses by $10 million to $15 million per quarter. It plans to outsource some operations, invest in Internet-protocol research and development, and make other changes. Share holders again reacted as the shares finished up 36 cents to $3.45.

-UTSI has an unusual high call volume. Positive forecasting tool.

-UTSI has its 2007 Annual Meeting of Stockholders from on, November 29, 2007. This will be the end of uncertainty and any bad news is already cooked into the sub$4.00 share price. Any good restructuring news can be very positive for the stock price.

9/11/07- UTStarcom Inc. has signed a multiyear, multimillion-dollar contract with Bell & Tell Pvt. Ltd. to provide bundled voice and data services in Pakistan using UTStarcom's optical network and VoIP technologies. Shares jumped 4.8% to $2.83 from their lows at $2.69 signaling the reversal in the share price.

-UTSI has a good list of products and well positioned in expanding markets.

-Shorts counter with: This stock is overvalued and the company is poorly managed.

--With 33M shares shorted, this stock has a tough time moving up past this resistance, without some major news release.

-Profit Margin=-19.67%, Operating Margin=-8.57%

-6/1/07- Telecoms equipment company UTStarcom Inc. said Friday that Ying Wu, CEO of its operations in China, will quit. Short sited this as poor management and losing their strong position in China.

-9/17/07-by Russel Flannery- UTStarcom did well for a time. But from a peak of $87.50 in March 2000 UTStarcom's shares today are worth below $3, a fate worse than most international telecoms, and the company is facing delisting for failing to make timely financial disclosures. At a time when the business world is focused on China, UTStarcom is a wake-up call to investors that overlooking fundamentals while being seduced by its large market size can be costly.

-UTSI changed the date of its 2007 Annual Meeting of Stockholders from Thursday, November 8, 2007 to Thursday, November 29, 2007. Shorts believe delay is due to accounting bad new.

-9/18/07- Banc of America Securities analyst Tim Long said the conference call lacked the details he was looking for, and cut his target price on the stock to $3 from $6.50. He also said the company's future performance is not easy to predict, and has a weak position in most of its end markets. Long maintained a "Neutral" rating on shares

-8/15/07- Telecommunications equipment company UTStarcom Inc. said Wednesday it received a fourth warning from the Nasdaq Stock Market that it could be delisted for failing to file required financial reports. Shares fell 5 cents to $2.70 on this news.

I personally am a recent buyer into UTSI with over twelve 5000 share buys. I believe that the expected good news can get though the current short pressure into the $5.00 level based on the stock getting to the $4.30 range in Mid Sept. I consider this conservative; the further upside potential is based on how dedicated the current stock holders are. Many of who have been holding since before $10 a share. If they buy and average down and the expected good news brings in some institutional buying, possibly due to the restatement or improved financials then I believe the stock can go much higher

I believe the biggest short term milestone is for UTSI to restate the financials so that the delisting threat is removed. Then the structuring of the company can also bring gains after the Wu replacement is named. Then UTSI needs to work on the debt and then I believe the current revenues will take care of the share holders.

So, I personally plan to double my position before it breaks through the $4.30 level from early this month and then after $5.00 a share, management my account with tight stops. I will then hope the above mentioned events occur to take this stock higher.

Currently I am a strong buy, but I will keep a close watch on the Conference calls, Restatement of Earnings and the Stockholder’s Meeting for information to change my position.

Longs what have I missed, please add to the positives that we can expect for the next month.

Shorts I also request constructive dialog as to why you think this stock can not reach $5.00 share or higher in the next month. Specific details or links only are appreciated.

Today the news got better, I just checked and the Buy-IF Recommendation from the UTSI performance, I was right the recommendation was confirmed with a BUY CONFIRMED assessment of UTSI. See the link below.

http://www.americanbulls.com/StockPage.a...

Also note that the after hours stock price is still going up. Confirms today’s action and shows continued pressure on the shorts for the opening tomorrow morning. My prediction for tomorrow is 30 cent increase and greater than average volume and interest/excitement pickup as we get closer to the restatement of earning. Watch out shorts, the Volume and interest is picking up in UTSI. Strong Buy.

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Member Avatar nushito (< 20) Submitted: 9/21/2007 9:27:38 PM : Outperform Start Price: $11.22 UTSI Score: -106.08

Its giving its financial statements very soon

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Member Avatar vl4u (28.62) Submitted: 9/8/2007 9:28:43 PM : Outperform Start Price: $9.21 UTSI Score: -106.26

HUGE PLAY - Big time upside 655% - This is a good flyer with a 2% play of total

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Member Avatar cfromberg (87.20) Submitted: 8/18/2007 4:53:36 AM : Outperform Start Price: $9.57 UTSI Score: -108.77

olympics on the immediate horizon, IPTV in china taking off...

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Member Avatar TheLandMan333 (< 20) Submitted: 8/7/2007 12:26:40 PM : Outperform Start Price: $9.15 UTSI Score: -105.33

Attached to SIGM for the China Market... ready for a rally

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Member Avatar stocktrendsetter (< 20) Submitted: 6/12/2007 12:17:40 PM : Outperform Start Price: $18.03 UTSI Score: -118.94

Selloff way overdone, methinks

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Member Avatar mafathy (< 20) Submitted: 5/15/2007 2:59:19 AM : Outperform Start Price: $20.91 UTSI Score: -121.16

Low valuation, strong fundementals

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