StockIceMan's Weekly Stock Pick
Week of
August 5th, 2002
| Stock: |
Select Comfort
Corporation |
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| Ticker Symbol: |
SCSS - Nasdaq -
Consumer Cyclicals |
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|
| Buy: |
3.50 to 4.00 |
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|
| Sell: |
8.00 + |
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| Info: |
Select
Comfort Corporation is a
manufacturer, specialty retailer
and direct marketer of adjustable-firmness
beds and other sleep-related
products. The Company's Sleep
Number bed was designed on the
basis of sleep research, and, in
clinical studies, has been shown
to improve sleep quality. In
comparison with traditional
mattress products, Select
Comfort's proprietary Sleep
Number beds utilize adjustable
air chamber technology to more
naturally contour to the body,
thereby generally providing
better spinal alignment, reduced
pressure points, greater relief
of lower back pain, greater
overall comfort and better
quality sleep. The Company's
Firmness Control System allows
customers to independently
customize each side of the Sleep
Number bed to their ideal level
of firmness, comfort and support. |
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| Financial Info: |
For the 3 months
ended 06/30/2002, revenues were $77.2
million; while net income was $2.56
million. |
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|
| Key Ratios: |
Current
Ratio: 1.02; Total Debt/Equity: 1.71,
P/E: 16.62x, Price/Book: 7.28,
Price/Sales: 0.39; Cash On Hand:
$25.6 million |
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|
| Share Info: |
There are 18.4
million shares outstanding with 8.7
million shares in the trading
float. 19 Institutions own
approximately 31.0 % of the
shares outstanding.
5 insiders buying 37,000 shares
in the last six months.
3 insiders selling 48,000 shares
in the last six months.
As of 7/15/2002, there were 743,800
shares short.
Net Institutional Buying: 5.03
million shares: prior to latest
quarter. |
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| Articles: |
Select Comfort
Corporation Announces Fourth
Consecutive Profitable Quarter |
|
