StockIceMan's Weekly Stock Pick
Week of
July 18, 2005
| Stock: |
Glenayre Technologies,
Inc.
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| Ticker Symbol: |
GEMS - Nasdaq - Processing Systems
and Products |
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|
| Buy: |
4.00 to 4.15 |
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| Sell: |
7.00 |
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|
Info: |
Glenayre Technologies,
Inc. provides network-based messaging and
communications systems, and software worldwide.
It engages in the design, manufacture,
marketing, and servicing of products that
support messaging applications, including voice
mail, fax, email, text messaging,
voice-activated dialing, and multimedia
messaging service, as well as other services
comprising missed call notification and video
mail. The company offers its products and
applications under the Versera brand name. Its
primary product lines include Versera
Intelligent Communications Environment (Versera
ICE) and Versera Modular Voice Processor (Versera
MVP). Versera ICE, built on commercial
off-the-shelf Intel hardware with a Linux
operating system, delivers computing and open
source code that enables service providers to
deploy, maintain, and operate messaging systems.
Versera MVP product line provides voice
messaging capabilities to service providers.
Glenayre Technologies also offers various
professional services, such as warranty and
support service for its products and services;
technical training courses, including education
on system maintenance, management, and
configuration; marketing support services,
including strategic consultation, seminars, and
materials designed to assist communications
service providers in marketing services; and
installation, project management, and
customization. In addition, the company provides
engages in the manufacture and distribution of
prerecorded entertainment products, including
compact disks and digital versatile disks for
music labels, motion picture studios, and other
entertainment providers. Its offers its products
and services to wireless and fixed network
carriers, as well as broadband and cable service
providers. Glenayre Technologies was
incorporated in 1987 and is headquartered in
Atlanta, Georgia. |
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| Financial Info: |
For the 3 months ended
03/31/05, revenues increased 76% to $17.9
million. Net income from cont. ops. totaled $1.8
million vs. a loss of $5.9 million. |
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| Key Ratios: |
Current
Ratio: 3.60, Total Debt/Equity:0.00, Trailing
P/E: 26.82x, Forward P/E: N/A, Price/Book:
2.91, Price/Sales:
4.84 |
|
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| Share Info: |
There are 66.92
million shares outstanding with 66.56
million shares in the trading
float. Institutions own
approximately 39.40% of the shares outstanding.
There have been 3 insider purchases totaling 21,050 shares
and no insider sales in the last six months.
Real-Time SEC
Filings
As of 6/10/2005, there were 341,360 shares short.
Net Institutional Selling: 107,636
shares prior to latest
quarter. |
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| Articles: |
MTN Deploys Glenayre
Versera Video Mail as Part of 3G Rollout in
South Africa |
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