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StockIceMan's Weekly Stock Pick
Week of June 28th, 2004



Stock: Datastream Systems, Inc
Ticker Symbol: DSTM - Nasdaq - Software and Programming
Buy: 6.25 to 6.40
Sell: 9.00 +
Info: Datastream Systems, Inc. provides asset performance management software and services to enterprises worldwide, including more than 60% of the Fortune 500. Through asset performance management, customers can maintain, manage and improve the performance of their capital asset infrastructure such as manufacturing equipment, fleet and facilities. Datastream 7i is an Internet-based product that provides customers with the tools they need for effective asset performance management. MP2 is designed for more traditional small- to medium-sized organizations dependent on more established technology architectures. Datastream also offers professional services and hosting services.
Financial Info: For the three months ended 3/31/04, revenues rose 1% to $23.1 million. Net income increased 37% to $1.3M.
Key Ratios: Current Ratio: 2.38; Total Debt/Equity: 0.00, Trailing P/E: 31.12x, Price/Book: 2.38, Price/Sales: 1.43
Share Info: There are 20.04 million shares outstanding with 17.70 million shares in the trading float. Institutions own approximately 65.49% of the shares outstanding. There have been no insiders buying or selling in the last six months. Real-Time SEC Filings

As of 5/10/2004, there were 527,000 shares short.

Net Institutional Buying: 49,000 shares: prior to latest quarter.
Articles: City of San Jose Selects Datastream 7i Asset Performance Management Solution to Manage Hundreds of Municipal Facilities And Parks

 
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