StockIceMan's Weekly Stock Pick
Week of
November 4th, 2003
| Stock: |
CyberSource
Corporation |
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|
| Ticker Symbol: |
CYBS - Nasdaq -
Computer Services |
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|
| Buy: |
4.50 to 4.75 |
| |
|
| Sell: |
9.00 + |
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|
| Info: |
CyberSource
Corporation provides secure
payment and risk management
solutions to organizations that
process orders for goods and
services over the Internet. The
Company connects businesses to a
large network of payment
processors, thereby enabling them
to accept credit cards,
electronic checks and other forms
of electronic payment.
Traditionally, CyberSource's
target customer base has been
medium and large enterprises,
but, during 2002, it has also
focused development and marketing
efforts on the small business
environment. In 2002, CyberSource
processed approximately 214
million transactions. The
Company's customers sell
electronically through multiple
channels that include not just
the online model, but also call
centers, interactive voice
response units, kiosks and point-of-sale
environments. CyberSource's
products fall into two main
categories: electronic payment
solutions and risk management (which
includes verification and
compliance solutions). |
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|
| Financial Info: |
For the
nine months ended 9/03, revenues
fell 4% to $19.8 million. Net
loss fell 38% to $5.5 million. |
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|
| Key Ratios: |
Current
Ratio: 4.78; Total Debt/Equity: 0.00,
P/E: N/A, Price/Book: 3.04, Price/Sales:
4.88 |
| |
|
| Share Info: |
There are 32.8
million shares outstanding with
27.7 million shares in the
trading float. Institutions own
approximately 29.91% of the
shares outstanding. There have
been no insider buying or selling
shares in the last six months.
As of 10/8/2003, there were 10,000
shares short.
Net Institutional Buying: 479,000
shares: prior to latest quarter. |
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|
| Articles: |
JHC Capital
Manager Likes CyberSource,
NetRatings |
|
