StockIceMan's Weekly Stock Pick
Week of
October 23, 2006
| Stock: |
Lantronix, Inc. |
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| Ticker Symbol: |
LTRX - Nasdaq -
Networking/Communication Devices |
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| Buy: |
1.50 to 1.60 |
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| Sell: |
3.00 |
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Info: |
Lantronix, Inc. engages in
the design, development, and marketing of
various products that are used to access manage,
control, and configure electronic devices over
the Internet or other networks. It offers an
array of embedded and external device networking
solutions; off-the-shelf appliances, such as
console servers, remote KVM servers, and power
control products; and print servers,
visualization, serial terminal servers, and
serial cards for servers. The company serves
customers in various industries, such as retail,
universities/education, manufacturing,
healthcare/hospitals, and financial/banking.
Lantronix sells its products through
distributors, resellers and manufacturer
representatives, systems integrators,
value-added resellers, and original equipment
manufacturers. The company was incorporated in
1989. Lantronix is based in Irvine, California,
and has additional offices in France and Hong
Kong. |
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| Financial Info: |
For the fiscal year ended
6/30/06, revenues rose 7% to $51.9 million. Net
loss from continuing operations fell 57% to $3
million. |
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| Key Ratios: |
Current
Ratio: 1.18, Total Debt/Equity: 0.02, Trailing
P/E: N/A, Forward P/E: 16.30x, Price/Book:
5.97, Price/Sales: 1.93 |
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| Share Info: |
There are 59.21
million shares outstanding with 37.76
million shares in the trading
float. Institutions own
approximately 33.50% of the shares outstanding.
There have been 8 insider purchases totaling
169,400 shares and no
insider sales in the last six months.
Real-Time SEC
Filings
As of 9/12/2006, there were 47,820 shares short.
Net Institutional Buying: 465,907 shares prior to latest
quarter. |
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| Articles: |
Lantronix Expands
Industrial Device Networking With a Rugged
Version of Its Top Selling UDS1100 Device Server |
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