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UTStarcom Holdings Corp. Message Board

flipocrat 5 posts  |  Last Activity: Nov 19, 2014 1:05 PM Member since: Aug 11, 2004
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  • Reply to

    back in

    by flipocrat Nov 14, 2014 7:00 PM
    flipocrat flipocrat Nov 19, 2014 1:05 PM Flag

    Shadow: Very simple. The right people are now actively inside the company, know how to make money, and are not going to put up with any nonsense. Whether they take it private or as I prefer turn it into a successful publicly held company for shareholders, I see upside and whether in at $2.30 or $2.50 is of little consequence at this point . In other words, if you believe that investing in stocks is gambling but with the odds in your favor, that has been what just changed as I see it. Will give it a year, they have movement and more discipline, but I am not going to pump it, it is okay, even advisable, to have a healthy dose of skepticism about anything out of China. We shall see.

  • Reply to

    back in

    by flipocrat Nov 14, 2014 7:00 PM
    flipocrat flipocrat Nov 16, 2014 7:11 PM Flag

    Pleasebuy. do you live in Singapore? I lived on Stevens Road not far from the oldeTanglin, many years ago but remains a favorite place. Our old friend Tim if you remember is from the Philippines, I lived there too. A life long sailor, Lee Kwan Yew moved the yacht club from downtown out to the mud flats to make a point about the turnover to the Republic, a point well made but ran aground a lot and was chased to and from Salu Island by Indonesian pirates.....who thankfully had even slower boats. Also dodged freighters and tankers in the Straits but had grand times when the coffee brokers from Indonesia had good years and partied hard.
    No corruption, no dope, caning at Changi worked wonders. Sorry I missed that about you.

  • Reply to

    buy back

    by flipicon Nov 16, 2014 1:10 PM
    flipocrat flipocrat Nov 16, 2014 6:51 PM Flag

    So one more follow up.... if the Shahs are in this to make money (no, not just management bonuses and absurd directors fees) it may be because they are still bent on taking this private and retail holders don't get much in return, OR they are bent on making this into a serious sustainable technology company that goes somewhere. Either way, folks like shadow....well only shadow is left....would be best off by hoping some of that finally rubs off on them, because as investors they have done nothing but lose.

  • Reply to

    back in

    by flipocrat Nov 14, 2014 7:00 PM
    flipocrat flipocrat Nov 15, 2014 7:42 PM Flag

    "Predicting financial performance is always difficult even under the best of circumstances" Yes that is true, shadow, but when you are dead wrong for ten years while others get it right, it is a bit much, yes?. UTSI failed because the one brilliant idea of low tech PAS did not contemplate that.emerging markets would leapfrog the old technology and go right to cutting edge. They repeated the same mistake in India as I recall. And just so you don't spin everything,. the change at UTSI is that the Shah's are going to make money here, and are not going to put up with the childish nonsense at the top this company became so famous for. Stick to your knowledge of communications technology, your knowledge of global management and governance is indisputably without merit. The track record is crystal clear. Nice to hear from you again.

  • flipocrat by flipocrat Nov 14, 2014 7:00 PM Flag

    I am generally against nepotism, in all it's forms, over time it works against outside investors. However in this particular case, and given who was and now is involved and who is coming aboard, I see the chances of outside shareholder value differently in the mid term...... especially in light of the long series of horrible leadership past.......long term it is in my view likely to go private anyway, but these guys are not going to put up with the childish musical chairs and insider antics of the past. Now UTSI as a holding investor in technology, someone like shadow may actually be useful, since he was 99% wrong in what he ever predicted about the actual financial performance for shareholders because he pumped the idiot management, now shadow maybe can give a heads up about the technology and where the revenue will come from with some bottom line people running the railroad. I am back in, for a year to see.

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