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UTStarcom Still a Mess
By Stephen D. Simpson, CFA
February 10, 2006

Well, here we are in early '06, and telecom equipment maker UTStarcom (Nasdaq: UTSI) is still a mess. Instead of the once-grand management predictions of $4 billion in revenue and $2 in earnings for 2005, we have the reality of about $3 billion in revenue and a loss of nearly $4 per share. But hey, what's a couple hundred million of evaporated market cap between friends, right?......
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