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StockIceMan's Weekly Stock Pick
Week of April 19th, 2004



Stock: Optika, Inc.
Ticker Symbol: OPTK - Nasdaq - Software and Programming
Buy: 3.00 to 3.25
Sell: 5.00 +


Info:
Optika Inc. is a provider of enterprise content management (ECM) technology, including document imaging, workflow, collaboration and records management software. The Company's Acorde family of ECM software solutions, including Acorde Context, Acorde Process, Acorde Resolve, Acorde Application Link and Acorde Records Management, allows companies to streamline their business processes, eliminate paper, increase operational efficiencies and effectively leverage their enterprise resource planning and line-of-business systems. Acorde provides the ability to manage compliance requirements, access and store multiple formats of business content, both digital and non-digital; automate processes across the organization and externally with partners and customers, and enable online collaboration around these paper-intensive or complex processes in real- and near-time.
Financial Info: For the fiscal year ended 12/31/03, revenues rose 11% to $19.9 million. Net loss fell 26% to $384 thousand.
Key Ratios: Current Ratio: 1.58; Total Debt/Equity: 0.00, Trailing P/E: N/A, Price/Book: 10.92, Price/Sales: 1.41
Share Info: There are 9.34 million shares outstanding with 7.30 million shares in the trading float. Institutions own approximately 25.39% of the shares outstanding. There have been no insiders buying and 8 insiders sales totaling 85,000 shares in the last six months. Real-Time SEC Filings

As of 3/8/2004, there were 6,000 shares short.

Net Institutional Buying: 1.10 million shares: prior to latest quarter.
Articles: Optika Announces Microsoft Gold Certified Partner Status

 
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