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StockIceMan's Weekly Stock Pick
Week of June 18, 2007
 

Stock: U.S. Auto Parts Network, Inc.
Ticker Symbol: PRTS - Nasdaq - Auto Parts
Buy: 8.50 to 9.00
Sell: 12.00
Info: U.S. Auto Parts Network, Inc. operates as an online retailer of aftermarket auto parts and accessories primarily in the United States. The company principally sells its products to individual consumers through a network of Web sites and online marketplaces that primarily include partstrain.com and autopartswarehouse.com; and through its wholesale sales channel sells its products to auto body shops, collision repair shops, and auto parts wholesale distributors. Its products comprise body parts, such as bumpers, doors, door handles, fenders, grilles, hoods, lamps, mirrors, tailgates, wheels, and window regulators; engine parts, including alternators, brake discs, catalytic converters, climate control, clutches, drive shafts, exhausts, fuel injection/delivery, headers, oxygen sensors, radiators, and shocks and struts; accessories comprising air deflectors, bug shields, car bras, car covers, cargo liners, cold air intakes, floor mats/carpeting, nerf bars, running boards, seat covers, tonneau covers, and vent visors; and performance parts. The company was founded in 1995 and is headquartered in Carson, California.
Financial Info: For the three months ended 3/31/2007, revenues totaled $43.7 million, up from $18 million. Net income decreased 91% to $235,000.
Key Ratios: Current Ratio: 3.148, Total Debt/Equity: 0.012, Trailing P/E: 203.18x, Forward P/E: 44.70x,  Price/Book: 2.82 , Price/Sales: 1.79
Share Info: There are 29.83 million shares outstanding with 13.92 million shares in the trading float. Institutions own approximately 29.00% of the shares outstanding. There have been 3 insider purchases totaling 13,000 shares and no sales in the last three months. Real-Time SEC Filings

As of 5/10/2007, there were 651,140 shares short.

Net Institutional Buying: 8.65 million shares prior to latest quarter.
Articles: U.S. Auto Parts Network, Inc. Ranked Among Internet Retailer Magazine's Top 100 Online Retailers

 
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