StockIceMan's Weekly Stock Pick
Week of
June 12, 2006
| Stock: |
GSI Group, Inc. |
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| Ticker Symbol: |
GSIG - Nasdaq - Scientific and
Technical Instrumentation |
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| Buy: |
9.00 to 9.50 |
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| Sell: |
11.00 |
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Info: |
GSI Group, Inc. supplies
precision motion components, lasers, and
laser-based advanced manufacturing systems to
the global semiconductor, electronics, medical,
aerospace, and industrial markets. It operates
in three segments: Precision Motion Components,
Lasers, and Laser Systems. The Precision Motion
Components segment offers optical scanners and
subsystems for applications in materials
processing, test and measurement, alignment,
inspection, displays, imaging, graphics,
prototyping, and medical use. It also
manufactures printers for medical end products,
such as defibrillators, patient care monitors,
and cardiac pacemaker programmers, as well as
optical subsystems used in medical imaging. The
segment also manufactures precision optics for
original equipment manufacturers (OEMs) in the
aerospace and semiconductor industries; encoders
and motion control systems for precision motion
control applications in data storage,
semiconductor and electronics, industrial
automation, and medical markets; and air bearing
spindles used by OEMs in the electronics market.
The Lasers segment offers various lasers,
including Spectron, JK, eCO2, and Lumonics
lasers. Its lasers are used in precision
material processing applications, electronics,
aerospace, medical, light industrial, and
automotive markets. The Laser Systems segment
designs and manufactures laser systems,
including laser trim and test systems, permanent
marking systems, memory repair laser systems,
surface mount measurement products, and thick
and thin film laser processing systems to
semiconductor integrated device manufacturers
and wafer processors, and electronic component
and assembly manufacturers. Its products are
sold through direct sales, as well as through
distributors. GSI has operations in North
America, Europe, Japan, and Asia-Pacific. The
company, formerly known as GSI Lumonics, Inc.,
was founded in 1970 and is based in Billerica,
Massachusetts |
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| Financial Info: |
For the three months ended
3/31/2006, revenues increased 17% to $76.1
million. Net income increased $5.1 million, up
from $110,000. |
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| Key Ratios: |
Current
Ratio: 5.54, Total Debt/Equity: 0.00, Trailing
P/E: 26.70x, Forward P/E: 13.51x, Price/Book:
1.23, Price/Sales: 1.44. |
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| Share Info: |
There are 42.19
million shares outstanding with 38.05
million shares in the trading
float. Institutions own
approximately 62.60% of the shares outstanding.
There have been no insider purchases and 15
insider sales totaling 429,084 shares in the last six months.
Real-Time SEC
Filings
As of 5/10/2006, there were 248,080 shares short.
Net Institutional Buying: 2.751
million shares prior to latest
quarter. |
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| Articles: |
GSI Names Edelstein As
Chief Executive |
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