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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (9395)7/16/2005 8:08:53 PM
From: Cary C  Read Replies (2) of 23958
 
<UTSI> Don't know if you remember this one or not but this use to be one of my favorites. The recent news about slashing employees and costs has helped, they still are anticipating a huge loss in revenue from China all of which have been discussed but I believe out of their 2.2 - 2.8 billion revenue, 2 billion was from China. I believe last earnings report it fell off even faster than they had anticipated and were projecting like a forty percent drop in China revenues.

While they are venturing into other countires and adding additional items to sell, I don't think it will be able to impact this report.

I guess I could give you the real short version and just say,
Run up before earnings, sell before earnings and look at a possible long term hold after it feels the gap Ken was talking about.
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