StockIceMan's Weekly Stock Pick
Week of
June 13, 2005
| Stock: |
Sierra Wireless, Inc.
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| Ticker Symbol: |
SWIR - Nasdaq - Communication
Equipment |
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|
| Buy: |
8.25 to 8.50 |
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| Sell: |
14.00 |
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|
Info: |
Sierra Wireless, Inc.
provides wireless solutions worldwide. It
develops and markets a range of products that
include wireless modems for portable computers,
embedded modules for original equipment
manufacturers (OEMs), rugged vehicle-mounted
connectivity solutions, and mobile phones. The
company’s products permit users to access
wireless data and voice networks using notebook
computers, personal digital assistants,
vehicle-based systems, and mobile phones. Sierra
Wireless offers its products and solutions
primarily to businesses and government
organizations to enable their employees to
access a range of wireless data applications,
including the Internet, email, messaging,
corporate Intranet access, remote database
inquiry, and computer-aided dispatch. It sells
its products through indirect channels,
including wireless operators, resellers, and
OEMs in the North American, European, and
Asia-Pacific regions. The company was founded in
1993 and is headquartered in Richmond, Canada |
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| Financial Info: |
For the 3
months ended 3/31/05, revenues fell 52% to $20.2
million. Net loss totaled $7.6 million vs. an
income of $4.6 million |
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|
| Key Ratios: |
Current
Ratio: 4.25, Total Debt/Equity:0.005, Trailing
P/E: 17.57x, Forward P/E: N/A, Price/Book:
1.34, Price/Sales:
1.17 |
|
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| Share Info: |
There are 25.36
million shares outstanding with 25.08
million shares in the trading
float. Institutions own
approximately 46.80% of the shares outstanding.
There have been no insider purchases or sales in the last six months.
Real-Time SEC
Filings
As of 5/10/2005, there were 2.2 million shares short.
Net Institutional Selling: : 1.346 million
shares prior to latest
quarter. |
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| Articles: |
Sierra Wireless stock
rises on plan to quit phones |
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