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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (18990)7/28/2004 2:35:41 AM
From: Spekulatius  Read Replies (2) of 78476
 
UTSI coughing up blood:
UTStarcom Reports Second Quarter 2004 Results - Updates 2004 and 2005 Financial Guidance
Tuesday July 27, 4:09 pm ET
- Record Second-Quarter Revenues of $689.6 Million, an Increase of 70 Percent Year-Over-Year
- Gross Margins of 25.4% - A Result of Competitive Pricing Pressure in China Market as well as Supply-Chain Constraints Delaying International Revenue Recognition
- GAAP Earnings of $43.2 Million, or $0.32 Per Share


biz.yahoo.com

I saw this one coming:
Message 19965985
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