StockIceMan's Weekly Stock Pick
Week of
August 15, 2005
| Stock: |
Smith Micro Software |
|
|
| Ticker Symbol: |
SMSI - Nasdaq - Application Software |
|
|
| Buy: |
4.50 to 4.75 |
|
|
| Sell: |
7.00 |
|
|
|
Info: |
Smith Micro Software, Inc.
and its subsidiaries engage in the development
and marketing of wireless communication software
products and services. It manufactures, markets,
and sells wireless connectivity products to the
original equipment manufacturers market,
primarily wireless service providers and mobile
phone manufacturers, as well as to consumer. The
company offers software products primarily for
Windows XP, Windows 2000, WindowsME, Windows 98,
Windows CE, pocket PC, Mac, Palm, and Unix and
Linux operating systems. Its products include
QuickLink Mobile, which turns data capable
wireless phones into wireless modems; QuickLink
Mobile Phonebook that enables users to be able
to edit wireless phonebooks on a PC computer and
copy, email, or PIM databases to the phone; and
FAXstf X and FAXstf X Pro, which enables users
to exchange faxes and data files with remote
modems, fax/modems, and fax machines on the Mac
OS X operating environment. The company’s
products also comprise HotFax MessageCenter and
HotFax, an integrated voice, fax, and data
communication software program that enables
users to receive voice mail and exchange faxes
and data files with remote modems, fax/modems,
and fax machines; WebDNA that provides the tools
necessary to develop a Web site or an e-business
site supporting Windows, Mac, Unix, and Linux;
and CheckIt Utilities, which provides end-users
the hardware information they need to evaluate,
fine-tune, and manage their systems. Smith Micro
Software also sells eBusiness and utility
software and professional consulting services
related to eBusiness applications. The company
was co-founded by William W. Smith. Smith Micro
Software was incorporated in 1983 and is
headquartered in Aliso Viejo, California. |
|
|
| Financial Info: |
For the 3 months ended
3/31/05, revenues decreased 18% to $2 million.
Net loss totaled $128,000 versus an income of
$103,000. |
|
|
| Key Ratios: |
Current
Ratio: 21.50, Total Debt/Equity: 0.00, Trailing
P/E: 29.12x, Forward P/E: 11.86x, Price/Book:
3.65, Price/Sales:
9.06 |
|
|
| Share Info: |
There are 21.57
million shares outstanding with 14.48
million shares in the trading
float. Institutions own
approximately 31.80% of the shares outstanding.
There have been no insider purchases
and 3 insider sales
totaling 693,500 in the last six months.
Real-Time SEC
Filings
As of 7/12/2005, there were 1.73 million shares short.
Net Institutional Selling: 2.882 million
shares prior to latest
quarter. |
|
|
| Articles: |
Smith Micro Software Q2
net income rises |


|