SWS, check out NTST. Nice earnings. Silicon Valley Bank as the new credit facilitator. Hhmmm, I like that Sand Hill connection the bank has. Best VC firm in the Tech world, and one of the top Banks a Tech company could be a client of.
Few things that I don't like are listed in the fundamentals. Little cash reserves. Tiny amount of shares outstanding. Tiny float.
Things I like are the steady move up in price over the past 6 months. Nice basing pattern on the daily chart: siliconinvestor.com but look at the Stochastic. It could go down a bit more to re-test the 10/18 bottom.
Earnings: siliconinvestor.com
ISLIP, N.Y., Nov. 3 /PRNewswire/ -- Netsmart Technologies, Inc. (Nasdaq: NTST) announced today that for the third quarter ended September 30, 1999, the company had revenues of $5,240,000 as compared to $3,540,000 for the quarter ended 1998, representing a 48% increase in revenue. For the nine months ended September 30, 1999 revenues increased 81% to $16,047,000 as compared to $8,881,000 for the nine months ended September 30, 1998.
Net Income from operations for the quarter ended September 30, 1999 was a record increase of 178% to $444,000 as compared to $160,000 for the quarter ended September 30, 1998. Net income for the nine months rose to $1,184,000 as compared to a loss of $234,000.
Bank/Credit news: siliconinvestor.com
Company stats:
52-Week Low $1.25
Recent Price $6.00
52-Week High $8.75
Beta 1.56
Daily Volume (3-month avg) 51.8K
Share-Related Items
Market Capitalization $17.9M
Shares Outstanding 2.98M
Float 2.20M
Management Effectiveness
Return on Assets (ttm) 12.04%
Return on Equity (ttm) 32.67%
Financial Strength
Current Ratio (mrq) 1.12
Long-Term Debt/Equity (mrq) 0.02
Total Cash (mrq) $138.0K
Short Interest
Shares Short as of Oct 8, 1999 = 0
Short Ratio N/A
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