I like nflx ST but find it difficult to trade without mucho fear. Bought UTSI yesterday at 30.03 and saw this nice news this AM
9:06AM UTStarcom announces 5.0 mln share buyback (UTSI) 30.26: Co announced that its board of directors has approved a stock repurchase program pursuant to which up to 5.0 mln shares of its outstanding common stock may be repurchased over a period of six months. In addition co repurchased an additional 1.6 mln shares in a privately negotiated transaction with an institution.
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