StockIceMan's Weekly Stock Pick
Week of
July 2, 2007
| Stock: |
AMICAS, Inc. |
|
|
| Ticker Symbol: |
AMCS - Nasdaq - Business Software |
|
|
| Buy: |
3.25 to 3.50 |
|
|
| Sell: |
5.00 |
|
|
|
Info: |
AMICAS, Inc. provides
radiology, and medical image and information
management solutions in the United States. Its
products include Vision Series RIS, a Web-based
radiology information system designed to address
the administrative functions for capturing
radiology orders, detailing the patient
demographic information, scheduling appointments
and resources, processing transcriptions, and
generating reports, as well as coding and
preparing billing and reimbursement data; and
Vision Series PACS, a Web-based picture
archiving and communications system designed to
capture, store, manipulate, and distribute
diagnostic images for radiologists, specialists,
referring physicians, patients, and healthcare
enterprises. The company's product portfolio
also comprise Vision Series Document Management,
a module of Web-based system for capturing,
digitizing, and associating paper records with
digital information; Vision Series Financials, a
patient accounting and revenue cycle management
module, which facilitates claims submission,
payor follow-up, and other billing and accounts
receivable management activities; and EDI
Services that offer transaction-based EDI
functions, including patient billing, and
insurance claims submission and remittance. In
addition, it offers consulting, project
management, software implementation, systems
integration, training, and support services. The
company was founded in 1989. It was formerly
known as InfoCure Corporation and changed its
name to VitalWorks, Inc. in 2001. Further, the
company changed its name to AMICAS, Inc. in
2005. AMICAS is headquartered in Boston,
Massachusetts |
|
|
| Financial Info: |
For the three months ended
3/31/2007, revenues decreased 11% to $12.4
million. Net income from continuing operations
totaled $146,000 vs. a loss of 254,000. |
|
|
| Key Ratios: |
Current
Ratio: 4.594, Total Debt/Equity: 0.00, Trailing
P/E: N/A, Forward P/E: 88.50x, Price/Book:
1.43 , Price/Sales: 3.23 |
|
|
| Share Info: |
There are 44.55
million shares outstanding with 39.75
million shares in the trading
float. Institutions own
approximately 65.90% of the shares outstanding.
There have been no insider purchases or sales
in the last three months.
Real-Time SEC
Filings
As of 6/12/2007, there were 412,816 shares short.
Net Institutional Selling: 2.349 million shares prior to latest
quarter. |
|
|
| Articles: |
AMICAS, INC. Files SEC
form 8-K, Entry into a Material Definitive
Agreement, Change in Directors or Principal
Officer
AMICAS, INC. Financials |
|
