StockIceMan's Weekly Stock Pick
Week of
May 16, 2005
| Stock: |
Neoware Systems, Inc.
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| Ticker Symbol: |
NWRE - Nasdaq - Computer Hardware |
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| Buy: |
9.00 to 9.50 |
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| Sell: |
13.00 |
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Info: |
Neoware Systems, Inc.,
provides software, services and solutions to
enable appliance computing, an Internet-based
computing architecture. These solutions are
targeted at business customers that are designed
to be easier to manage and more cost effective
than traditional personal computer (PC)-based
computing. Neoware was formed as the result of a
merger between Human Designed Systems, Inc. (HDS),
a privately held technology company, and
Information Systems Acquisition Corporation (ISAC).
The Company's software and management tools
secure, power and manage a smart thin-client
appliances that utilize the benefits of open,
industry-standard technologies to create new
alternatives to full-function PCs used in
business and business devices, including
green-screen terminals. In April 2004, the
Company acquired Cedar Systems, Inc., a firm
headquartered in the Seattle area. In January
2005, the Company acquired privately held
Mangrove Systems |
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| Financial Info: |
For the six months ended
12/31/04, revenues rose 21% to $36.8 million.
Net income increased 6% to $3.5 million. |
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| Key Ratios: |
Current
Ratio: 6.68, Total Debt/Equity:0.00, Trailing
P/E: 27.15x, Forward P/E: 18.48x, Price/Book: 1.79, Price/Sales:
2.15 |
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| Share Info: |
There are 16.15
million shares outstanding with 16.00
million shares in the trading
float. Institutions own
approximately 54.79% of the shares outstanding.
There have been 1 insider purchases totaling
2,000 shares and 6 insiders sales totaling
145,000 shares in the last six months.
Real-Time SEC
Filings
As of 4/8/2005, there were 1.84 million shares short.
Net Institutional Buying: : 1.321 million
shares prior to latest
quarter. |
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| Articles: |
Neoware Systems Q3
earnings rise |
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