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To: Johnny Canuck who wrote (35913)1/17/2002 1:22:59 PM
From: Bill Cotter  Respond to of 69370
 
Thanks Harry; I just bought UTStarcom (UTSI) at 28.78 and Nextel (NXTL) at 8.33 today.

That nice summary you sent today 'Industry Members' along with a little blurb about UTSI in the Cabot Market Letter (Dec 20 issue) helped confirm it for me. I must admit, I jump into these things without much DD. If I were buying a refrigerator, I would be doing a lot more research.

UTStarcom (UTSI) 27.11 -2.22: After close, company announces that the number of subscribers using its PAS and IP-based PAS city-wide wireless access systems in Mainland China has increased to approximately 3.0 million as of Dec. 31, 2001 an addition of 1 million subscribers in Q4 2001 or approximately 50% sequential growth.

On NXTL, its mostly SI hype and the fact that Verizon (VZ) is shopping around.