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There it is:
AsiaInfo to Develop Business Intelligence System for China Unicom in Zhejiang Province
http://ih.advfn.com/p.php?pid=nmona&cb=1227660325&article=29507451&symbol=N%5EASIA
wholy cow where the heck did that come from? up 21.66% today
Should do well long term
AsiaInfo Holdings, Inc. (NASDAQ:ASIA), a leading provider of telecom software solutions and IT security products and services in China, today announced that it has won tenders with China Telecom, the world's largest fixed-line telecommunications and broadband service provider, to develop Business Intelligence systems ("BI systems") for China Telecom's Beijing, Henan and Heilongjiang subsidiaries.
"We are encouraged that China Telecom has recognized the value of our advanced Business Intelligence systems, which will allow the company to gather customer data, analyze trends and use the resulting information to better compete in a rapidly evolving market," said Steve Zhang, AsiaInfo's president and chief executive officer. "Competition is increasing among China's three newly integrated telecom carriers as they build out their product and service platforms on a leveled playing field. Our world-class BI systems continue to benefit from these trends by enabling carriers to launch targeted marketing campaigns and differentiate their service offerings, which can ultimately increase end-user satisfaction and boost profits. In anticipation of this stage of market development, we have strategically invested in the research and development of our BI systems for the past several years and are now recognized as a leader in this market."
The BI systems, which are designed to improve decision-making capability, efficiency and accuracy, will integrate China Telecom's existing fixed-line business with its recently acquired CDMA business. AsiaInfo will help China Telecom migrate the historical data from its acquired CDMA system to the new BI systems in order to ensure a smooth transition from a fixed-line and broadband provider to a full-service operator. The BI systems offer data mining, data analysis and data summarization capabilities, providing China Telecom with accurate, detailed and up-to-date information.
AsiaInfo is a market leader in China's BI market. AsiaInfo's BI systems currently support more than 260 million users and over 1.5 petabytes of data.
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. (NASDAQ:ASIA) is a leading provider of high- quality telecom software solutions and IT security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of IT security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004.
Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China.
<font color=#b22222>THE MARINES CORNER....."NEVER FORGET"
http://investorshub.advfn.com/boards/board.aspx?board_id=11465
Alright Asia we would like to see a real pop!!!
Asiainfo Holdings Inc - Current report filing (8-K)
lets see how it does :)
Item 7.01 Regulation FD Disclosure
On September 17, 2008, AsiaInfo Holdings, Inc. (the “Company”) issued a press release announcing that it has authorized a stock repurchase program under which the Company may repurchase up to 3,000,000 shares of its outstanding common stock, par value $0.01 per share.
Under the program, the Company may, from time to time for a period of nine months, depending on market conditions, share price and other factors, make one or more purchases, on the open market, or in privately negotiated transactions, subject to availability, of up to 3,000,000 shares of common stock. Such purchases under the program will be made in accordance with applicable law and subject to any required regulatory approvals. Any common stock repurchased by the Company will become part of its treasury stock and may be used by the Company to finance or execute acquisitions, equity incentive plans or other arrangements. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated by reference herein.
GM stockoneder :) Nerves about breaking out above the high? There were scheduled a couple of insider sales recently:
1-Nov-07 DING JAMES
Director 150,000 Indirect Sale at $11.32 per share. $1,698,000
1-Nov-07 DING JAMES
Director 300,000 Direct Option Exercise at $2.75 per share. $825,000
31-Oct-07 LIU FENG
Officer 6,000 Direct Sale at $12.40 - $12.5 per share. $75,0002
30-Oct-07 JIAN QI
Officer 66,875 Direct Option Exercise at $4.99 - $7.07 per share. N/A
30-Oct-07 JIAN QI
Officer 66,875 Direct Sale at $12.24 per share. $818,550
30-Oct-07 ZHANG STEVE
Officer 12,413 Direct Option Exercise at $4.03 per share. $50,024
30-Oct-07 ZHANG STEVE
Officer 12,413 Direct Sale at $12.50 per share. $155,162
29-Oct-07 ZHANG STEVE
Officer 12,535 Direct Sale at $12.50 per share. $156,687
Wow! What happened today to cause this sell-off? Can't find any news.
New 52 week high-- $13.42 -- actually hasn't been here since March, 2002 :)
AsiaInfo Holdings, Inc. (ASIA: NasGM)
Last Trade: 12/05/2007 4:01 PM
Last Sale $13.30
Change $1.35
Bid Tick Down
Change (%) 11.30%
Bid $13.16
Ask $13.49
Volume 743,585
Open $11.70
Day High $13.42
Previous Close $11.95
Day Low $11.70
52 Week High$13.42
52 Week Low$5.77 Shares Outstanding 44.90M
The growth should continue
Statement from CEO after last quarter results
'During the third quarter, we experienced strong net revenue growth in both business units leading to our guidance beating results,' said Steve Zhang, AsiaInfo's President and Chief Executive Officer. 'Today, AsiaInfo is a leader in the telecom software industry in China, with established relationships with all the major telecom carriers.'
Mr. Zhang noted that during the quarter, AsiaInfo closed significant telecom contracts in areas such as prepaid service management, SOX (Sarbanes-Oxley Act) compliance, and BOSS upgrade and expansion.
'We believe that with our leading suite of telecom software solutions, AsiaInfo is well positioned to capture even greater market share in China's increasingly competitive and sophisticated telecom market,' added Mr. Zhang
AsiaInfo to Announce Fourth Quarter and 2006 Year-End Results on January 24, 2007
BEIJING, Jan. 4 /PRNewswire-FirstCall/ -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA), a leading provider of telecom software solutions and IT security products and services in China, announced today that it will report its fourth quarter and 2006 year-end financial results on Wednesday, January 24, 2007.
After yesterdays move and last weeks move along with the latest insider buying I think we are going to get a nice surprise
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About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. (Nasdaq: ASIA) is a leading provider of high-quality telecom software solutions and security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004.
Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China.
For more information about AsiaInfo, please visit http://www.asiainfo.com
October 30, 2008:AsiaInfo Reports Third Quarter 2008 Results
http://ih.advfn.com/p.php?pid=nmona&cb=1225640241&article=29044510&symbol=N%5EASIA
October 24, 2008: AsiaInfo to Develop Business Intelligence Systems for China Telecom
http://ih.advfn.com/p.php?pid=nmona&cb=1225640241&article=28931309&symbol=N%5EASIA
About AsiaInfo Holdings, Inc.
AsiaInfo Holdings, Inc. (Nasdaq: ASIA) is a leading provider of high-quality telecom software solutions and security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004.
Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China.
http://www.asiainfo.com.cn/index.shtml
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