StockIceMan's Weekly Stock Pick
Week of
January 26th, 2004
| Stock: |
Iona Technologies
PLC |
| |
|
| Ticker Symbol: |
IONA - Nasdaq -
Software & Programming |
| |
|
| Buy: |
6.75 to 6.90 |
| |
|
| Sell: |
10.00 + |
| |
|
| Info: |
IONA
Technologies PLC operates in the
United States through its wholly
owned subsidiary, IONA
Technologies, Inc. The Company is
in the integration software
business. It makes software work
together so its customers can
make better decisions, run their
businesses more efficiently and
improve their business results.
Its Rapid Integration software
products enable its customers to
build, maintain and scale their
disparate computing environments
while preserving and extending
existing information technology (IT)
investments. It also offers
professional services, including
ongoing customer support and
maintenance, as well as high-level
application design consultation,
education and product
implementation. From its
inception, the Company has
focused on making software work
together. |
| Financial
Info: |
For the
nine months ended 9/30/03, total
revenues fell 45% to $50.8
million. Net loss fell 36% to $39.3
million. |
| |
|
| Key Ratios: |
Current
Ratio: 1.80; Total Debt/Equity: 0.00,
Forward P/E: 100.43x, Price/Book:
6.31, Price/Sales: 3.18 |
| |
|
| Share Info: |
There are 33.60
million shares outstanding with
28.90 million shares in the
trading float. Institutions own
approximately 37.41 % of the
shares outstanding. There have
not been any insider transactions
in the last six months. Real-Time SEC
Filings
As of 12/8/2003, there were 588,000
shares short.
Net Institutional Selling: 835,857
shares: prior to latest quarter. |
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|
| Articles: |
IONA Announces 4Q
Results; Reports 35% Revenue
Growth Over Prior Qtr |
|
