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UTStarcom, Inc. (UTSI) Message Board

  • martino85251 martino85251 May 12, 2004 3:53 PM Flag

    $/Share targets...

    Assuming a Price/Sales Ratio of 2.0 (reasonable), current stock price should be $47/share (based on 2004 sales of 2.75 Bill.)

    2005 stock price should be $59/share (based on gross sales of 3.5 Billion)

    2009 stock price should be $170/share (based on Lu's projected gross sales of 10.0 Billion within 5 years).

    Buy and hang! $47 is almost a double from here! Remember, companies valuations go up or down on fundamentals (eventually). Best of luck longs.