StockIceMan's Weekly Stock Pick
Week of
August 30th, 2004
| Stock: |
MIPS Technologies, Inc. |
|
|
| Ticker Symbol: |
MIPS - Nasdaq - Computer Hardware |
|
|
| Buy: |
4.75 to 5.00 |
|
|
| Sell: |
8.00 + |
|
|
|
Info: |
MIPS Technologies, Inc.
develops embedded processors and related
intellectual property for use in
performance-oriented markets such as digital
entertainment, wired and wireless
communications, office automation, security and
automotive markets. The Company's
industry-standard designs are based on 32-bit
and 64-bit reduced instruction set computing
architectures. The Company licenses its
industry-standard MIPS32 and MIPS64
instruction-set architectures,
application-specific extensions, core designs
and other related intellectual property to
semiconductor companies and system original
equipment manufacturers. Together with its
architecture and core licensees, MIPS offers a
variety of performance-oriented embedded
processors that scale across multiple markets in
standard, custom, semi-custom and
application-specific products. The Company has
more than 90 license agreements with more than
70 companies around the world offering more than
170 processor-based chips for the embedded
market. |
|
|
| Financial Info: |
For the fiscal year ended
6/30/04, revenues increased 22% to $47.9
million. Net loss fell 95% to $1.5 million |
|
|
| Key Ratios: |
Current
Ratio: 5.82; Total Debt/Equity: 0.00,
Trailing P/E: N/A, Forward P/E: 18.74x, Price/Book:
2.21,
Price/Sales: 4.17. |
|
|
| Share Info: |
There are 40.96
million shares outstanding with 39.00
million shares in the trading
float. Institutions own
approximately 64.90% of the
shares outstanding. There have
been 1 insiders buying a total of 2,000 shares
and no insiders selling shares in the last six months.
Real-Time SEC
Filings
As of 8/9/2004, there were 1.19 million shares short.
Net Institutional Buying: 1.076 million shares: prior to latest
quarter. |
|
|
| Articles: |
MIPS Technologies Licenses
Pro Series(TM) Processor Core to SiNett |
|
