Investment Research report

AsiaInfo-Linkage, Inc.

NASDAQ:
asia
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Research Overview

INDEX:
S&P 500
Sector:
Technology
Position:
Short
Date:
Nov 12, 2012

After conducting a forensic financial and accounting review, Spruce Point believes ASIAINFO-LINKAGE, INC. (Nasdaq: ASIA), a software company, has a weak fundamental backdrop in the China telecom and IT services market and has a VIE structure and a history of close scrutiny by the SEC that should raise concerns for investors. Based on our investigation, we estimate a 45% downside risk, or $6.50 per share.

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