StockIceMan's Weekly Stock Pick
Week of
January 23, 2006
| Stock: |
Lexar Media, Inc. |
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| Ticker Symbol: |
LEXR - Nasdaq - Semiconductors -
Memory Chips |
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| Buy: |
7.75 to 8.00 |
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| Sell: |
12.00 |
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Info: |
Lexar Media, Inc. engages
in the design, development, manufacture, and
marketing of digital media and other flash based
storage products for consumer markets that
utilize digital media for the capture and
retrieval of digital content. It also offers a
line of digital music players and portable data
storage devices, as well as various connectivity
products that link its media products to
personal computers and other electronic host
devices. Lexar's digital film products enable
customers to capture and download digital images
to a personal computer for editing,
distributing, and printing. In addition, it
licenses its proprietary controller technology
and sells controllers to other manufacturers of
flash storage media. The company serves digital
photography, consumer electronics, industrial,
and communications markets in the United States,
Asia, Europe, and other parts of the world.
Lexar sells its digital media and connectivity
products to end-users primarily through mass
market, photo, and original equipment channels.
It also sells through a direct sales force,
distributors, value-added resellers, and
independent sales representatives, as well as
through its Web site. The company was
incorporated under the name Lexar Microsystems,
Inc. in 1996 and changed its name to Lexar
Media, Inc. in 1998. Lexar is headquartered in
Fremont, California. |
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| Financial Info: |
For the nine months ended
9/30/2005, Revenues rose 24% to $613.7 million.
Net loss rose 2% to $12.4 million. |
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| Key Ratios: |
Current
Ratio: 1.70, Total Debt/Equity: 0.942, Trailing
P/E: N/A, Forward P/E: 25.25x, Price/Book:
6.44, Price/Sales: 0.85. |
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| Share Info: |
There are 80.72
million shares outstanding with 76.20
million shares in the trading
float. Institutions own
approximately 35.70% of the shares outstanding.
There have been no insider purchases and 3 insider sales
totaling 12,000 shares in the last six months.
Real-Time SEC
Filings
As of 12/12/2005, there were 6.94 million shares short.
Net Institutional Buying: 1.980 million
shares prior to latest
quarter. |
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| Articles: |
Lexar Delivers Optimal
Performance with 133X CompactFlash and Secure
Digital Memory Cards |
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