StockIceMan's Weekly Stock Pick
Week of
May 31st, 2004
| Stock: |
Secure Computing Corporation |
|
|
| Ticker Symbol: |
SCUR - Nasdaq - Software and
Programming |
|
|
| Buy: |
8.50 to 8.75 |
|
|
| Sell: |
12.00 + |
|
|
Info: |
Secure
Computing Corporation develops network security
solutions that create connections between
organizations and their customers, partners and
employees. The Company's products are designed
to allow these users to exchange critical
information safely, helping them confidently
build their businesses. The Company's products
provide solutions separately, and they also work
well together for a more comprehensive, unified
and centrally managed solution to meet the goals
and needs of its customers. Its solutions
consist of products that integrate well with
each other and that are easy to use, administer
and manage across different systems as they
grow. Its architecture allows security functions
to be easily embedded into other platforms. The
Company's solutions run on a variety of
platforms and integrate well with other
enterprise solutions, making its products a safe
and economical choice for organizations
worldwide. |
|
|
| Financial Info: |
For the
three months ended 3/31/04, revenues rose 31% to
$21.2 million. Net income from continuing
operations totaled $2.2 million, up from $962
thousand |
|
|
| Key Ratios: |
Current
Ratio: 2.25; Total Debt/Equity: 0.00,
Trailing P/E: 31.61x, Price/Book: 4.05,
Price/Sales: 3.96 |
|
|
| Share Info: |
There are 35.58
million shares outstanding with 34.00
million shares in the trading
float. Institutions own
approximately 71.86% of the
shares outstanding. There have
been no insiders buying and 25
insiders sales totaling 308,000
shares in the last six months.
Real-Time SEC
Filings
As of 5/10/2004, there were 1.88 million shares short.
Net Institutional Buying: 3.257
million shares: prior to latest
quarter. |
|
|
| Articles: |
Secure Computing Selected
to be Web Filtering Database Provider for
Netopia Parental Control Service |
|
