Cyberian Outpost(Nasdaq : COOL)
looking at the chart and the numbers, lots of upside for this one
Name of the Company : Cyberian Outpost
Current Price : Bid $ 8.9375 Offer $ 9.00
Closing Price on August 24, 1999 : $ 8.875
Address :
25 North Main Street
PO Box 636
Kent, CT 06757
Phone : (860) 927 - 2050
Fax : (860) 927 - 8375
Web Address : www.outpost.com
Shares Outstanding : 23,050,000
Est. Float : 8,500,000
Market Cap : 204,568,750
52 Week High : $ 45.50
52 Week Low : $ 5.94
Fiscal Year End : February 28
BUSINESS SUMMARY
A leader in global e-commerce since 1995, Cyberian Outpost, Inc.
(outpost.com), operates an Internet-only superstore for
computer products from its Web site at www.outpost.com ,
24 hours a day, seven days a week. Outpost.com provides
consumers and small office/home office purchasers of computer
products a large selection, quick and easy search capabilities,
and product information on over 150,000 hardware, software,
and accessories.
FINANCIALS
For the three months ended May 31, 1999, net sales totalled
$ 32.7 million, up from $11.6 million. Net loss applicable
to Common rose 91% to $ 8.9 million.
Net sales for the fourth quarter were $ 33.1 million, and
increase of approximately 310% over net sales of $ 8.1 million
for the same quarter last year, and a sequential increase
of 41% over the third quarter ended November 30, 1998.
The Company reported a fourth quarter net loss of $ 7.8 million,
or a pro forma basic and diluted net loss per share of $0.34,
compared with a net loss of $ 4.5 million, or a pro forma
basic and diluted net loss per share of $0.48, for the same
quarter last year.
Net sales for the fiscal year ended February 28, 1999 were
$85.2 million, up 276% from $22.7 million reported for fiscal
year 1998. Outpost.com reported net loss for the twelve-month
period ended February 28, 1999 of $25.2 million, or a pro forma
basic and diluted net loss per share of $ 1.24, compared
with a net loss of $ 7.1 million, or a pro forma basic and
diluted net loss per share of $0.86, for fiscal year 1998. |
