SEAC - Seachange International
SEAC - Seachange International (www.schange.com)
124 Acton Street
Maynard, MA 01754
Investor Relations: Martha Schaefer @ 1-978-897-0100 x4050 (investorrelations@schange.com)
SeaChange International, Inc. develops, manufactures and sells systems, known as video storage servers, that automate the management and distribution of both short-form video streams, such as advertisements, and long-form video streams, such as movies or other feature presentations, to television operators, telecommunications companies and broadcast television companies.
Existing customers (including Time Warner, Comcast, Cablevision, AT&T, ABC, CBS, FOX, PBS, Deutsche, CNBC Europe, Cox, Charter, Rogers)
schange.com
Most recently signed contracts include Channel 13/WNETand Blue Ridge Public TV:
Thirteen/WNET New York Selects SeaChange Video Server System to Deliver Programming to America's Largest Television Market
Monday March 4
biz.yahoo.com
Blue Ridge Public Television Purchases Largest Broadcast Digital Media Server System in U.S. From SeaChange International
Tuesday February 12
biz.yahoo.com
All recent news:
biz.yahoo.com
Most recent financials, released Tuesday March 5 (4th qtr 01 eps .09 vs consensus .05):
SeaChange International Announces Fourth Quarter Fiscal 2002 Results and Record Revenues
VOD Leadership Continues
SeaChange Earns Profit for Year
biz.yahoo.com
Insider and 5%+ Owners: 22% of outstanding
Institutional ownership: 67% of outstanding (86% of float) - 236 institutions
Total Cash (mrq) $103.9M
Shares have lost 30% of their value in the last week due to a lost bid for Time Warner, Manhatten, NY contract (did not lose any customers) and downgrade from 'buy' to 'attractive' by Thomas Weisel.
cbs.marketwatch.com
IMO, an excellent buying opportunity here
Current price: 17 |
