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Strategies & Market Trends : Disciplined Investing, especially the NAIC way -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (438)	3/2/2004 10:07:42 PM
From: - with a K	Respond to of 469

Yes, that is strange! ;>) Why UTStarcom Is a Telecom Star CFO Michael Sophie credits its strong sales to a focus on technologies that are "fast-growing" and "allow carriers to make money" UTStarcom (UTSI ) isn't your typical telecom-equipment outfit. In the four years since its initial public offering, its sales have increased ten-fold, to $2 billion in 2003. Over the same period, during one of the industry's worst downturns, revenues of rival Lucent Technologies (LU ) shrank 78%, to $8.5 billion. What's UTStarcom's secret? It focuses on the world's highest-growth markets -- and on selling the most in-demand telecom gear. Last year, it reaped 80% of its revenue from China, where telecom is growing at double the pace of the overall economy, says Lawrence Harris, an analyst with Oppenheimer & Co. in New York. yahoo.businessweek.com.

To: EL KABONG!!! who wrote (438)	3/13/2004 4:09:08 PM
From: - with a K	Respond to of 469

FYI on UTSI: UTStarcom Announces Stock Repurchase Program ALAMEDA, Calif., March 12 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News) today announced that its board of directors has approved a stock repurchase program pursuant to which up to 5,000,000 shares of its outstanding common stock may be repurchased over a period of six months. In addition, as also approved by the board of directors, the Company repurchased an additional 1,623,000 shares in a privately negotiated transaction with an institution. biz.yahoo.com