StockIceMan's Weekly Stock Pick
Week of
December 13, 2004
| Stock: |
PalmSource, Inc.. |
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| Ticker Symbol: |
PSRC - Nasdaq - Software and
Programming |
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| Buy: |
13.75 to 14.25 |
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| Sell: |
19.00 + |
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Info: |
PalmSource, Inc. is a
developer and licensor of a software platform
that enables mobile information devices. The
Company's software platform consists of the Palm
operating system and software development tools
that mobile information device manufacturers use
to develop products from PalmSource's platform.
It has also extended its platform with
applications, such as personal information
management software, Web browsers and e-mail.
PalmSource licenses Palm OS to mobile
information device manufacturers, including
Garmin, Handspring, GSPDA, Kyocera, palmOne,
Samsung and Sony. |
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| Financial Info: |
For the 13 weeks ended
8/31/04, total revenues increased 6% to $18.2
million. Net loss decreased 96% to $165 thousand |
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| Key Ratios: |
Current
Ratio: 3.34, Total Debt/Equity: 0.00, Trailing
P/E: N/A, Forward P/E: 13.12x, Price/Book:
1.88, Price/Sales: 2.81 |
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| Share Info: |
There are 15.16
million shares outstanding with 13.80
million shares in the trading
float. Institutions own
approximately 60.14% of the shares outstanding.
There have been no insider purchases and 31
insider sales totaling 333,000 shares in the last six months.
Real-Time SEC
Filings
As of 11/8/2004, there were 1.79 million shares short.
Net Institutional Buying: 1.711 million shares: prior to latest
quarter. |
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| Articles: |
PalmOne Shares Up on
Upbeat Analyst View |
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