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********************************************************* Company: NSI Communications Inc. Symbol: NSII Exchange: CDN 52 Week Low-High: $0.25 - 1.15 Current Price: $1.50 ********************************************************* NSI Communications Inc. (NSII:CDN) Wireless company shows good growth with increased revenues and net income
The company's products allow high speed, high bandwidth on demand transmisson of data, video, and telephone communications with applications including; Internet access, LAN / WAN interconnection, e-mail, remote LAN access, financial transactions, and ATM networks.
========================== NSI Communications Inc. (NSII:CDN) website: nsicomm.com email: pmasella@nsicomm.com ========================== One of a select group of undervalued companies featured in the fully independent, The FutureStock Review keystocks.com
Quick Profile:
NSI is a leading international provider of full-meshed VSAT (Very Small Aperture Terminals) networks allowing for the satellite-based transmission of telephone, data and video. VSAT networks provide organizations, which have geographically dispersed locations, with efficient and secure communication facilities in areas of the world where conventional telecommunication infrastructures are lacking. NSI's VSATPlus II TDMA-DAMA technology is particularly well suited for complex private networks, telephone trunking applications and multi-line rural telephony. NSI also provides turn-key satellite communication systems solutions, ranging from single earth stations to complete national and international telecommunication networks.
Record Nine Month Results ended September 30 Released Nov. 26, 99 ======================================== Sales $18,984,94 (1999) $13,474,314 (1998) Gross Profit $10,207,189(1999) $ 4,996,881 (1998) Operating Income (Loss) $1,542,311 (1999) $(1,439,438) (1998) Net Income (Loss) $1,361,712 (1999) $(3,282,873) (1998)
Earnings (Loss) per share $0.03 (1999) $(0.13) (1998) ========================================
NSI's President, David Ben-David commented, "From the beginning of the year we have expected to end this year with record sales and profitability. The results we released today are the fourth profitable quarter in a row. We have also achieved consecutive growth in sales and net income from the first to the second, and now, to the third quarter of this year. Our recent success results not only from healthy repeat business from existing customers, but we have also been able to generate additional orders from new customers. This increase in our international customer base also gives us a solid foundation for future growth."
Mr. Ryan Irvine, Senior Analyst, from the well respected, The FutureStock Review
"Since our original feature in November, 1999, NSI's shares have shown a steady rise. Even with the company's recent rise, relative to competitors in this industry, its shares appear to remain undervalued. NSI Communications has yet to catch the attention of the investment community at large. Our team of analysts recently compared NSI Communications to a number of companies within its industry. Below is a quick summary:
Company Price Revenues (last 12 mos)Net Income Market Cap. P/S P/E
NSII:CDN $1.00 $28,562,940 $2,176,712 $44.2 M 1.54 20.32
ISS:CDNX $17.90 $2,953,091 ($2,274,629) $298.9 M 101.24 n/a due to loss
KSA:CDNX $1.60 $13,466,929 ($2,782,020) $33.8 M 2.51 n/a due to loss
VSAT:NASDAQ $72.75 $70,333,000 $7,489,000 $631.0 M US 8.98 84.30
Mr. Irvine concludes,"Fundamentally, in relation to its peers, and based on current market activity, NSI appears to offer solid value"
To contact NSI: Phil Masella or David Ben David pmasella@nsicomm.com (514) 956-8880 |
