StockIceMan's Weekly Stock Pick
Week of
July 11, 2005
| Stock: |
Echelon Corporation
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| Ticker Symbol: |
ELON - Nasdaq - Computer Peripherals |
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| Buy: |
6.75 to 7.25 |
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| Sell: |
13.00 |
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Info: |
Echelon Corporation
engages in the development, marketing, and
support of hardware and software products and
services that enable original equipment
manufacturers (OEMs) and systems integrators to
design and implement open, interoperable,
distributed control networks. It offers
transceivers, concentrator products, control
modules, routers, adapters, IP connectivity
products, network interfaces, development tools,
and software tools and toolkits. The company
markets its products and services to OEMs and
systems integrators in the building, industrial,
transportation, utility/home, and other
automation markets. Echelon sells its products
primarily through a direct sales force in North
America and other countries, as well as through
distributors in Europe, Japan, and various Asia
Pacific countries. It has strategic alliances
with Cypress Semiconductor; Toshiba; Enel
Distribuzione S.p.A.; and STMicroelectronics
S.r.L. The company was founded in 1988 and is
headquartered in San Jose, California. |
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| Financial Info: |
For the 3 months ended
3/31/05, revenues fell 20% to $21.7 million. Net
loss totaled $2.3 million, vs. an income of $1.1
million. |
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| Key Ratios: |
Current
Ratio: 14.34, Total Debt/Equity:0.00, Trailing
P/E: 155.43x, Forward P/E: N/A, Price/Book:
1.37, Price/Sales:
2.70 |
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| Share Info: |
There are 40.70
million shares outstanding with 28.18
million shares in the trading
float. Institutions own
approximately 23.20% of the shares outstanding.
There have been no insider purchases and 5
insider sales totaling 20,000 shares in the last six months.
Real-Time SEC
Filings
As of 6/10/2005, there were 1.16 million shares short.
Net Institutional Buying: 188,442
shares prior to latest
quarter. |
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| Articles: |
Echelon Power Line Based
''e-GA(R)'' Home Network System From KyungDong
Network Brings Home Automation to the Korean
Mass Market |
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