SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Trocchi who wrote (4648)11/18/1998 11:12:00 AM
From: Bob Trocchi  Read Replies (2) of 18998
 
To All:

Re: Advantage Learning Systems (ALSI)

In this weeks Forbes, Streetwalker, mention was made of ANSI as a potential short.

ALSI provides information systems to grades K-12, consisting of computer software and related training designed to improve students' academic performance by tracking their progress and increasing their skills. For the six months ended 6/98, revenues rose 35% to $22.3 million. Net income rose 32% to $4.2 million. Revenues reflect sales of Accelerated Reader and S.T.A.R to 3600 new schools. Earnings were partially offset by $475 thousand in purchased R&D costs

A few stats.

Rev. $50M
P/E 82
P/B 17
P/S 17
Shares Outstanding 16.9M
Float 2.8M Small float can be a problem when shorting
Cash Flow positive
Cash 32M

In my opinion, looks like a good company but substantially overvalued given the competition for school $, the number of companies Scholastic,The Learning Co.,Cendant, etc) that are competing in this area and the school decision making processes that generally do not ever favor a single company but rather let teachers and department heads make decisions regarding academic material.

Comments from anyone will be appreciated.

Bob T.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News