Asiainfo Holdings, Inc. (ASIA) rated Mkt Outperform with price target $18 by Avondale
Avondale rated Mkt Outperform Asiainfo Holdings, Inc. (NASDAQ: ASIA) on 04/25/2008, when the stock price was $12.49.
Since then, Asiainfo Holdings, Inc. has lost 7.05% as of 06/18/2013's recent price of $11.61. If you would have followed this Avondale's recommendation on ASIA, you would have lost 7.04% of your investment in 1880 days.
Asiainfo Holdings, Inc.
(AsiaInfo) provides telecommunications software solutions and information technology (IT) security products and services in China. The Company's operations are organized into two divisions: AsiaInfo Technologies (China) Inc. (AsiaInfo Technologies) and Lenovo-AsiaInfo Technologies, Inc. (Lenovo-AsiaInfo). AsiaInfo Technologies encompasses the Company's traditional telecommunications business and provides software and solutions to China's telecommunications carriers. Lenovo-AsiaInfo provides IT security products and services. During the year ended December 31, 2008, approximately 83.7% of the Company?s total revenue was contributed by AsiaInfo Technologies, while the remaining revenue was contributed by Lenovo-AsiaInfo. On April 9, 2008, the Company acquired Beijing AKS, which provides firewall software.
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