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StockIceMan's Weekly Stock Pick
Week of April 11, 2005


Stock: Napster, Inc.
Ticker Symbol: NAPS - Nasdaq - Software and Programming
Buy: 7.00 to 7.25
Sell: 11.00 +
Info: Napster, Inc., formerly Roxio, Inc., is a provider of digital media software and services for the consumer market. It provides software that enables individuals to record digital content onto compact disc (CDs) and digital video discs (DVDs) and offers photo and video editing products. The Company's products and services allow customers to access, archive, create, customize and share digital materials in formats compatible with a number of digital entertainment devices, such as personal computers (PCs), CD and DVD players, compressed audio players and personal digital assistants. The Company operates its business in two segments and divisions: the consumer software products division, which provides a family of PC-based consumer software products that allows customers to create, manage, customize and share digital content, and the online music distribution division, Napster LLC, which provides paid online music service under the Napster brand.
Financial Info: For the nine months ended 12/31/04, revenues totaled $29.3M, up from $5.9 million, while net loss from continuing operations rose 17% to $44.5 million.
Key Ratios: Current Ratio: 3.39, Total Debt/Equity: 0.105, Trailing P/E: N/A, Forward P/E: N/A,  Price/Book: 1.74, Price/Sales: 5.16
Share Info: There are 42.76 million shares outstanding with 42.20 million shares in the trading float. Institutions own approximately 17.57% of the shares outstanding. There have been no reported insider purchases and 1 insider sale totaling 60,000 shares in the last six months. Real-Time SEC Filings

As of 3/8/2005, there were 7.96 million shares short.

Net Institutional Buying: :  7.513 million shares prior to latest quarter.
Articles: Napster Is Strong Runner-Up To Apple's iTunes

Napster Shares Jump After Boosted Guidance

 
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