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StockIceMan's Weekly Stock Pick
Week of June 30th, 2003



Stock: Internet Gold Ltd.
   
Ticker Symbol: IGLD - Nasdaq - Computer Services
   
Buy: 4.00 to 4.25
   
Sell: 7.00 +
   
Info: Internet Gold - Golden Lines Ltd. (Internet Gold) is an Internet service provider in Israel that provides a wide array of Internet services tailored to meet the needs of the residential and business subscribers, including Internet access and related value-added services, as well as content through portals. Internet Gold provides access through a nationwide network, allowing the entire Israeli population to access the Internet with a local telephone call. The Company offers a wide range of Internet access alternatives to meet the needs of its residential and business subscribers. The Company also offers a broad array of basic and value-added Internet services.
Financial Info: For the 3 months ended 03/31/2003, revenues were $45.0 million while net income was $3.2 million.
   
Key Ratios: Current Ratio: 2.73; Total Debt/Equity: 0.11, P/E: 13.66x, Price/Book: 3.28, Price/Sales: 1.84
   
Share Info: There are 18.4 million shares outstanding with 4.6 million shares in the trading float. 2 institutions own approximately 0 % of the shares outstanding. There have been no insiders buying or selling shares in the last six months.

As of 6/9/2003, there were 24,000 shares short.

Net Institutional Selling: 162,000 shares: prior to latest quarter.
   
Articles: Internet Gold Reports First-Quarter 2003 Financial Results; Aggressive Market Share Strategy Boosts Broadband Subscriber Base 46%

 
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