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StockIceMan's Weekly Stock Pick
Week of August 1, 2005


Stock: YDI Wireless, Inc.
Ticker Symbol: YDIW - Nasdaq - Diversified Electronics
Buy: 3.00 to 3.25
Sell: 6.00
Info: YDI Wireless, Inc. engages in the design and manufacture of broadband wireless equipment and systems in the United States and internationally. It primarily offers point-to-point (PTP) systems that are used to bridge networks from one location to another, or carry data traffic from remote locations to a service provider's network, as well as provides point-to-multipoint (PTM) systems, which enable service providers to connect end-users to a central hub. The company’s PTP and PTM systems allow service providers, enterprise, and governmental organizations to deliver high-speed data connectivity enabling a range of applications. In addition, YDI Wireless offers Ricochet network that provides high speed mobile wireless Internet services to individuals in the United States. It sells products principally to service providers, government agencies, businesses, and other enterprises directly through sales force, and indirectly through distributors and value-added resellers in North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. The company is headquartered in Dublin, Ohio
Financial Info: For the 3 months ended 3/31/05, revenues rose 10% to $6.6 million. Net loss totaled $970,000 versus an income of $303,000.
Key Ratios: Current Ratio: 5.96, Total Debt/Equity: 0.063, Trailing P/E: N/A, Forward P/E: N/A,  Price/Book: 1.01, Price/Sales: 2.79
Share Info: There are 22.41 million shares outstanding with 17.13 million shares in the trading float. Institutions own approximately 0.50% of the shares outstanding. There have been 1 insider purchases totaling 15,000 shares and 1 insider sales totaling 223,900 in the last six months. Real-Time SEC Filings

As of 7/12/2005, there were 800 shares short.

Net Institutional Buying:  25,896 shares prior to latest quarter.
Articles: YDI WIRELESS INC Files SEC form 8-K, Entry into Material Agreement, Financial Statements and Exhibits

 
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