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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject7/12/2001 2:22:42 PM
From: Michail Shadkin  Read Replies (2) of 6873
 
UTSI - some reasons.

UTStarcom, Inc. provides communications equipment for service providers that operate wireless and wireline networks in rapidly growing communications markets.

sounds like a weak sector.

quarter over quarter lower EPS
history of meeting estimates, sometimes beats by 1 cents.

Feels like lower guidance is coming.

Tons of insider selling.

After todays runup, just under the recent down trend line.

Michail
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