I have five that are on your list - we are thinking alike (which makes me feel real comfortable!) FWIW, I subscribe to StockPro Newsletter. While I certainly don't follow their recommendations unfailingly, they have proven a pretty good track record. This is what they have to recommend today: (chart looks good - low STO, below MAs)
Buy THDO (Nasdaq) at a limit price of $4.00 Short term target price: $5.00
THDO (3DO Company) Short term outlook is bullish. Tendencies for prices to begin advancing are modest at 75 - 90%. The 08/21/1997 closing price was $3.562. THDO has an upside potential of $5.50
Last Trade 3 9/16 Change 0 (0.00%) Prev Close 3 9/16 Volume 231,200 Day's Range 3 1/2 - 3 5/8 Bid 3 1/2 Ask 3 9/16 Open 3 9/16 52-week Range 2 7/16 - 8 1/2 Earn/Shr 1.55 P/E 2.30 Beta 2.21 Daily Volume (3-month avg) 292.1K Market Capitalization $101.6M Shares Outstanding 28.5M Float 17.1M Book Value(mrq) $0.75 Earnings (ttm) $1.49 Sales (ttm) $3.04 Cash (mrq) $1.19 Price/Book (mrq) 4.72 Price/Earnings (ttm) 2.39 Price/Sales (ttm) 1.17 Net Income (ttm) $13.3M Sales (ttm) $91.4M Profit Margin (ttm) 49% Return on Assets (ttm) 65.77% Return on Equity (ttm) 466.35% Current Ratio (mrq) 1.64 Total Debt/Equity (mrq) 0.03
K = thousands; M = millions; mrq = most-recent quarter; ttm = trailing twelve months through the end of Jun 1997
The 3DO Company develops, publishes and markets interactive multimedia entertainment softwares for multiple platforms that can be played on the Internet, PCs and, several popular game hardware platforms, including Matsushita's M2 and the Sony Playstation. Originally founded by CEO Trip
Hawkins to create hardware for viewing multimedia entertainment, the company has completly exited the hardware business. The company has a close relationship with Matsushita, which is its largest shareholder and contributes a majority of its revenue by paying licensing fees to the company. For the fiscal year ended 3/31/97, revenues totalled $92.4 million, up from $37.9 million. Net income totalled $13.3 million vs. a loss of $34.7 million. Results reflect increased royalties and license fees due to the Technology Licensing Agreement with Matsushita and the Cirrus Agreement, and higher software revenues due to increased publishing and distribution activities.
Address: 600 Galveston Dr. Redwood City, CA 94063-1140 Phone: 415-261-3000 Fax: 415-261-3231 Web Site: 3do.com
CEO: W. M. "Trip" Hawkins III CFO: Terrence J. Schmid HR: Shelli Meneghetti
Fiscal Year End: March 1997 Sales ($ mil.): 92.4 1-Yr. Sales Change: 143.8% Net Income ($ mil.): 13.3 Employees: 237 |