StockIceMan's Weekly Stock Pick
Week of
August 21, 2006
| Stock: |
White Electric Design
Corporation |
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| Ticker Symbol: |
WEDC - Nasdaq - Semiconductors |
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|
| Buy: |
4.75 to 5.00 |
|
|
| Sell: |
8.00 |
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|
Info: |
White Electronic Designs
Corporation engages in the design, development,
and manufacture of microelectronic and display
components and systems for inclusion in high
technology products for military, industrial,
and commercial markets. It operates through two
segments, Microelectronic and Display. The
Microelectronic segment manufactures
semiconductor multichip packaged products for
memory storage. This segment sells its products
to military prime contractors and commercial
original equipment manufacturers in the
aerospace, defense, military equipment, computer
networking, and telecommunication/datacommunication
industries. The Display segment products and
solutions are incorporated into global
positioning systems, home appliances, consumer
electronics, medical devices, transportation,
outdoor displays, military and commercial
avionics, and various military applications. Its
display solutions include enhanced viewing
liquid crystal flat panel display products,
interface devices, and electromechanical
assemblies. The Display segment products are
sold to the industrial markets, including
commercial avionics. The company was
incorporated in 1951 as Bowmar Instrument
Corporation and changed its name to White
Electronic Designs Corporation. White Electronic
Designs Corporation is headquartered in Phoenix,
Arizonasigns Corporation is headquartered
in Phoenix, Arizona |
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| Financial Info: |
For the six months ended
4/1/2006, revenues decreased 8% to $52.3
million. Net income decreased 7% to $2.5
million. |
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|
| Key Ratios: |
Current
Ratio: 8.49, Total Debt/Equity: 0.00, Trailing
P/E: N/A, Forward P/E: 17.50x, Price/Book:
1.09, Price/Sales: 1.09 |
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| Share Info: |
There are 24.61
million shares outstanding with 23.91
million shares in the trading
float. Institutions own
approximately 45.70% of the shares outstanding.
There have been 0 insider purchases and 1
insider sale totaling 27,500 shares in the last six months.
Real-Time SEC
Filings
As of 7/11/2006, there were 43,200 shares short.
Net Institutional Selling: 1.18
million shares prior to latest
quarter. |
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| Articles: |
WHITE ELECTRONIC DESIGNS
CORP Financials |
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