StockIceMan's Weekly Stock Pick
Week of
November 24th, 2003
| Stock: |
Synplicity, Inc. |
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| Ticker Symbol: |
SYNP - Nasdaq -
Software and Programming |
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| Buy: |
7.00 to 7.25 |
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| Sell: |
12.00 + |
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| Info: |
Synplicity
Inc. is a provider of software
products that enable the rapid
and effective design and
verification of large, complex
semiconductors used in networking
and communications, computer and
peripheral, consumer, military/aerospace
and other electronics systems.
The Company's software products
perform essential steps in the
process of designing
semiconductors that are tailored
to perform a specific function,
including field programmable gate
arrays (FPGAs) and application
specific integrated circuits (ASICs).
The Company employs proprietary
logic synthesis, physical
synthesis and debug technology to
simplify, improve and accelerate
the design and verification of
large complex FPGAs and ASICs.
The Company's semiconductor
design software products, coupled
with its responsive customer
support, assist its customers to
meet performance goals and
decrease the time to market of
their electronic systems. |
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| Financial Info: |
For the
nine months ended 9/30/03,
revenues rose 8% to $36.3M. Net
loss fell 51% to $822,000. |
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| Key Ratios: |
Current
Ratio: 2.75; Total Debt/Equity: 0.00,
P/E: 82.89x, Price/Book: 4.69,
Price/Sales: 4.01 |
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| Share Info: |
There are 25.85
million shares outstanding with
12.00 million shares in the
trading float. Institutions own
approximately 22.47% of the
shares outstanding. There have
been no insiders buying and 31
insiders selling a total of 397,000
shares in the last six months.
As of 10/8/2003, there were 78,000
shares short.
Net Institutional Buying: 98,000
shares: prior to latest quarter. |
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| Articles: |
Synplicity
Enhances RTL Prototyping Software
Solution |
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