StockIceMan's Weekly Stock Pick
Week of
February 16th, 2004
| Stock: |
Raindance
Communications, Inc. |
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|
| Ticker Symbol: |
RNDC - Nasdaq -
Communication Services |
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|
| Buy: |
2.50 to 2.75 |
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|
| Sell: |
5.00 + |
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| Info: |
Raindance
Communications, Inc. provides
tools for remote meetings and
events. The Company's business-to-business
communication services are based
on proprietary architecture that
integrates traditional telephony
technology with real-time
interactive Web tools. From a
simple audio conference call to a
fully collaborative online event,
the Company's customers can
choose the best solution to meet
their communication needs. With
these services, users initiate,
control and monitor live and
recorded one-to-one, one-to-many
and many-to-many communication
events, including everyday
business meetings, sales
presentations, employee training
sessions and product
demonstrations using only a
telephone and a standard Web
browser. |
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|
| Financial Info: |
For the
fiscal year ended 12/31/03,
revenue rose 16% to $70.6 million.
Net income totaled $3.5 million
vs. a loss of $3.4 million. |
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|
| Key Ratios: |
Current
Ratio: 3.82; Total Debt/Equity: 0.02,
P/E: 46.67x, Price/Book: 1.37,
Price/Sales: 2.13 |
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|
| Share Info: |
There are 53.85
million shares outstanding with
50.10 million shares in the
trading float. Institutions own
approximately 33.52% of the
shares outstanding. There have
been no insiders buying or
selling shares in the last six
months. Real-Time SEC
Filings
As of 1/8/2004, there were 108,000
shares short.
Net Institutional Buying: 6,000
shares: prior to latest quarter. |
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| Articles: |
Raindance
Commends FCC's Decision to Keep
''Pure'' Voice Over IP Regulation
Free |
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