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StockIceMan's Weekly Stock Pick
Week of October 21st, 2002




Stock: Sonic Solutions
   
Ticker Symbol: SNIC - Nasdaq - Computer Networks
   
Buy: 7.25 to 7.50
   
Sell: 11.00 +
   
Info: Sonic Solutions develops and markets computer-based tools that enable the creation of digital audio and video titles in the DVD-Video format and in related formats. Most of the products the Company sells consist entirely of computer software, though some of the tools it sells include plug-in computer hardware. Sonic Solutions also licenses the software technology underlying its tools to various other companies to incorporate in products they develop. The Company divides its DVD creation products into three categories: Professional, Desktop and Technology Products.
Financial Info: For the three months ended 6/30/02, revenues rose 76% to $7.4 million. Net income applicable to Common totalled $530 thousand vs. a loss of $1.7 million
   
Key Ratios: Current Ratio: 1.26; Total Debt/Equity: 0.00, P/E: N/A, Price/Book: 21.88, Price/Sales: 5.82
   
Share Info: There are 15.6 million shares outstanding with 12.5 million shares in the trading float. 40 Institutions own approximately 24.0 % of the shares outstanding. There have been 6 insiders selling a total of 350,000 in the last six months.

As of 9/9/2002, there were 2.25 million shares short.

Net Institutional Buying: 1.45 million: prior to latest quarter.
   
Articles: Sonic Ships World's First OpenDVD-compliant DVD Player
   
 

Memorex Selects Sonic MyDVD for New DVD+RW/+R Drives





 
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