StockIceMan.com

Elliott Wave - Market Report
 
 

StockIceMan's Weekly Stock Pick
Week of June 16th, 2003




Stock: MAPICS, Inc
   
Ticker Symbol: MAPX - Nasdaq - Software & Programming
   
Buy: 7.25 to 7.50
   
Sell: 12.00 +
   
Info: MAPICS, Inc. is a global developer of collaborative business application software solutions designed specifically for use by manufacturers and consisting primarily of enterprise solutions. The Company often forms strategic development or marketing alliances with third parties, known as solution partners. These partnerships allow MAPICS to deliver offerings that integrate with its solutions. Two of its more significant strategic relationships are with IBM and Microsoft. MAPICS Professional Services, working with the services operations of the Company's affiliate partners, provides consulting services to manufacturing companies across the globe. This organization integrates manufacturers' software and systems and provides consulting services in business process management and reengineering.
Financial Info: For the six months ended 3/31/03, revenues rose 4% to $69.1 million. Net loss totaled $47 thousand vs. an income of $2.2 million.
   
Key Ratios: Current Ratio: 0.69; Total Debt/Equity: 0.41, P/E: 13.15x, Price/Book: 3.75, Price/Sales: 1.18
   
Share Info: There are 22.7 million shares outstanding with 16.6 million shares in the trading float. 111 institutions own approximately 58.0 % of the shares outstanding. There have been 9 insiders buying a total of 9,000 shares in the last six months.

As of 5/8/2003, there were 87,000 shares short.

Net Institutional Buying: 129,000 shares: prior to latest quarter.
   
Articles: MAPICS CIO To Discuss Role Of IT Execs As Change Agents

 
  The Financial Ad Trader
The Financial Ad Trader

© 2003 StockIceMan.com™. All rights reserved.