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Strategies & Market Trends : KEEP IT SIMPLE TRADING

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To: George the Greek who wrote (297)4/20/2004 5:54:28 PM
From: Skeet Shipman   of 321
 
Hi Greek,
I believe the weakness in UTSI is the result of the lack of comfort funds have in holding China dependent stocks. With China trying to slow down their economic growth rate, there is the possibility of the revaluation of their currency.
Next, is the risk of increased competition in especially the handset market in China. I think it is almost impossible for the US analysts to assess China's market therefore they avoid it.
Lastly, is the question of UTSI's ability to incorporate CDMA technology into these markets.

I believe UTSI is one of the best long term buys in the market one can find. But, I have to agree with the sellers that I can not define the magnitude of risk to present and future earnings.

Hope this helped.

Skeet
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