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StockIceMan's Weekly Stock Pick
Week of September 27th, 2004



Stock: Chordiant Software, Inc.
Ticker Symbol: CHRD - Nasdaq - Software and Programming
Buy: 2.25 to 2.50
Sell: 4.00 +
Info: Chordiant Software, Inc. is an enterprise software vendor that offers software solutions for global business-to-consumer companies that seek to improve the quality of their customer interactions and to reduce costs through increased employee productivity and process efficiencies. It concentrates on customers in retail financial services, communications and consumer direct industries. Its customer solutions include software applications and tools and services that enable businesses to integrate their customer information and corporate systems so that they can have an accurate, real-time view of their customers across multiple forms of customer interaction. The software solutions and architecture are based on industry standards that are adopted by business customers in the industries it serves.
Financial Info: For the six months ended 6/04, revenues rose 20% to $37 million. Net loss fell 80% to $2 million.
Key Ratios: Current Ratio: 2.23 , Total Debt/Equity: 0.00, Trailing P/E: N/A, Forward P/E: 17.33x, Price/Book: 2.50, Price/Sales: 2.51.
Share Info: There are 72.10 million shares outstanding with 58.20 million shares in the trading float. Institutions own approximately 69.80% of the shares outstanding. There have been no insiders buying and 13 insiders selling shares a total of 160,000 shares in the last six months. Real-Time SEC Filings

As of 8/9/2004, there were 1.71 million shares short.

Net Institutional Buying: 2.133 million shares: prior to latest quarter.
Articles: Chordiant Software to Webcast 2004 Customer Symposium Investor / Analyst Program

 
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