, Tracking Stock Market Picks
Enter Symbol:
Asiainfo Holdings, Inc. (ASIA) [hlAlert]

down 49.30 %

Asiainfo Holdings, Inc. (ASIA) rated Outperform with price target $38 by Wedbush Morgan

Posted on: Friday,  Jan 29, 2010  11:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform Asiainfo Holdings, Inc. (NASDAQ: ASIA) on 01/29/2010. Previously Wedbush Morgan rated Outperform Asiainfo Holdings, Inc. (NASDAQ: ASIA) on
10/21/2009., when the stock price was $23.59. Since then, Asiainfo Holdings, Inc. has lost 49.30% as of 01/15/2014's recent price of $11.96.
If you would have followed the previous Wedbush Morgan's recommendation on ASIA, you would have lost 49.3% of your investment in 1547 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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2010 11:25 AM Buy
24.60 38.00
as of 12/31/2010
1 Week up  8.38 %
1 Month up  8.64 %
3 Months down  -8.31 %
1 YTD down  -40.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/8/2009 8:25 AM Buy
30.07 36.00
10/21/2009 9:25 AM Buy
23.59 28.00
7/7/2009 1:25 PM Hold
16.45 18.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy