UTStarcom Holdings Corp. (NASDAQ:UTSI)
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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Low valuation, strong fundementals
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No good news
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Has 2 dollars of cash per share. Possible takeover candidate.
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Fallen angel will rise again on IPTV. Leading technology will grab hold in China and other developing markets, making company a prime takeover target by 2008.
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UTSI's IPTV technology has seen successful trials in China. The company could be an acquisition target for CISCO.
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big selling volume on down days, closes on low of day, things buyers don't like
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acquisition target
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Turnaround due
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If it can find a strategic partner as it says then it will take off
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I just don't see anything exciting coming out of this wireless communications company to keep their profit going. In fact, their key profit driver, the company's personal access system made up about 45% of its profit. All in all, I just don't see this keeping up.
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