UTStarcom, Inc. (UTSI)

SSG and PERT A (12-19-2004) | Google Stocks | Company Website

Stock Selection Guide Updated. The SSG for UTStarcom has been revised. UTSI is a higher risk company than others in our portfolio but has the potential for significant return if it resumes even part of its historical growth rates. A recent webcast presented at the Lehman Brothers T4 conference on December 10 provides a good current overview.

Company Description: UTStarcom, Inc. primarily provides IP-based wireless, wireline, & switching communications equipment to service providers that operate in rapidly growing nations. Its equipment gives inexpensive solutions to end users, while offering providers the ability to migrate to the next generation of IP-based networks, and receive a rapid return on their investment. 2003 sales by region: China, 86%; Japan, 10%. Acquired Assets from 3Com corporation’s CommWorks division, 5/03, Issanni communications, Inc., 4/02. Has 5,500 empls. Softbank owns 12.5% of common; officers and directors, 20.8% (4/04 proxy). Chairman., CEO, and President: Hong Lu. Inc.: DE. Address: 1275 Harbor Bay Parkway, Alameda, CA 94502. Telephone: 510-864-8800. Internet: www.utstar.com.

Recent Motley Fool article on UTSI. [07-15-2004]