StockIceMan's Weekly Stock Pick
Week of
October 4th, 2004
| Stock: |
NetGear, Inc. |
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| Ticker Symbol: |
NTGR - Nasdaq - Communications
Equipment |
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| Buy: |
12.25 to 12.50 |
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| Sell: |
18.00 + |
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Info: |
NetGear, Inc. designs,
develops and markets branded networking products
that address the specific needs of small
business and home users. The Company supplies
networking products that meet the ease-of-use,
quality, reliability, performance and
affordability requirements of these users. Its
suite of approximately 100 products enables
users to share Internet access, peripherals,
files, digital multimedia content and
applications among multiple personal computers
(PCs) and other Internet-enabled devices. Its
products are grouped into three major segments
within the small business and home markets:
Ethernet networking products, broadband products
and wireless networking products, with each
product group, including a combination of
switches, adapters, and wired and wireless
routers and gateways. NetGear sells its products
through traditional retailers with over 7,100
locations worldwide, online retailers, direct
market resellers, value added resellers and
broadband service providers. |
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| Financial Info: |
For the six months ended
6/27/04, revenues increased 29% to $176.8
million. Net income fell 31% to $9 million |
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| Key Ratios: |
Current
Ratio: 2.92, Total Debt/Equity: 0.053, Trailing
P/E: 49.88x, Forward P/E: 14.61x, Price/Book: 2.35,
Price/Sales: 1.10. |
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| Share Info: |
There are 30.64
million shares outstanding with 22.80
million shares in the trading
float. Institutions own
approximately 69.23% of the shares outstanding.
There have been 3 insiders buying a total of
97,000 and 10 insiders selling shares a total of
8.45 million
shares in the last six months.
Real-Time SEC
Filings
As of 9/8/2004, there were 3.62 million shares short.
Net Institutional Buying: 924,000 shares: prior to latest
quarter. |
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| Articles: |
NETGEAR First to Extend
Home Network Range Via Powerline, Wireless
802.11g Combination |
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