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Investor Assesses China Techfaith Wireless' Weak Stock Performance (CNTF)

Good analysis timezero! Actually the reason for CNTF to go public at Nasdaq was in the hope of getting a better valuation. Its multiple should be better than the two competitors. $6-7 seems too low, but who knows, we just learned that anything can happen. Business wise, CNTF is better positioned than its competitors, especially in terms of global partnership. Being sector leader it deserves higher multiple.