StockIceMan's Weekly Stock Pick
Week of
September 8th, 2003
| Stock: |
eOn
Communications Corporation |
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| Ticker Symbol: |
EONC - Nasdaq -
Communication Equipment |
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|
| Buy: |
2.25 to 2.50 |
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|
| Sell: |
4.00 + |
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| Info: |
eOn
Communications Corporation
designs, develops and markets
unified voice, e-mail and Web-based
communications systems for
customer contact centers and
general business applications.
Its primary business focus is to
provide multimedia contact center
solutions that help businesses
communicate more effectively and
efficiently with their customers
using all forms of voice, fax and
Internet-based interactions.
Through such products, eOn
enables companies to improve
customer service and loyalty,
increase agent productivity and
lower the cost of ownership. For
small and medium-sized general
business applications, the
Company also offers integrated
communication systems, such as
private branch exchanges (PBXs),
voice mail and unified messaging
solutions. |
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|
| Financial Info: |
For the
nine months ended 4/30/03, net
revenues increased 10% to $12.4
million. Net loss from continuing
operations before accounting
change decreased 55% to $1.7
million. |
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|
| Key Ratios: |
Current
Ratio: 2.95; Total Debt/Equity: 0.08,
P/E: N/A, Price/Book: 3.48, Price/Sales:
1.48 |
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|
| Share Info: |
There are 12.15
million shares outstanding with 7.3
million shares in the trading
float. Institutions own
approximately 4.2% of the shares
outstanding. There have been 17
insiders buying a total of 71,000
shares in the last six months.
As of 8/8/2003, there were 2,000
shares short.
Net Institutional Buying: 401,000
shares: prior to latest quarter. |
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| Articles: |
eOn
Communications Reports Quarterly
Increase in Revenues and Profits |
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