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Strategies & Market Trends : Trader J's Inner Circle
NVDA 175.77-3.7%1:17 PM EST

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To: MMK who wrote (11200)3/13/1999 3:51:00 PM
From: snerd  Read Replies (2) of 56535
 
IO(s)... I came across this stock last week and couldn't find any reason for it selling below book except for missing earnings last November. I tried a little @ 6 but with no patience for holding anymore I got out with a small loss @ 5 7/8. Of course I look today and it's @ 7 1/16! lol

You might want to keep it on your watch list. I'll be watching closely next week to re-enter most likely as it looks like oil prices should be going up soon. It may be good for a point or two short term. As always, do your own dd. I'm still green at this.

Business Summary
IO is a designer and manufacturer of seismic data acquisition products used across land, transition zone and marine environments. For the six months ended 11/30/98, revenues fell 25% to $140.9 million. Net income fell 77% to $6 million. Revenues reflect lower sales levels of the Company's land systems and components. Net income also suffered from lower gross profit margins due to reduced demand for higher-margin land seismic equipment and instrumentation.

Statistics at a Glance -- IO Last Updated: Mar 11, 1999

Price and Volume (updated Mar 11, 1999)
52-Week Low $5.063
Recent Price $6.063
52-Week High $26.25
Beta 1.56
Daily Volume (3-month avg) 355.1K
Share-Related Items
Market Capitalization $305.5M
Shares Outstanding 50.4M
Float 35.3M
Dividend Information
Annual Dividend none
Per-Share Data
Book Value (mrq) $9.30
Earnings (ttm) $0.81
Sales (ttm) $7.45
Cash (mrq) $0.92
Valuation Ratios
Price/Book (mrq) 0.65
Price/Earnings (ttm) 7.47
Price/Sales (ttm) 0.81
Income Statements
After-Tax Income (ttm) $36.6M
Sales (ttm) $340.1M
Profitability
Profit Margin (ttm) 11%
Management Effectiveness
Return on Assets (ttm) 7.65%
Return on Equity (ttm) 8.84%
Financial Strength
Current Ratio (mrq) 6.54
Long-Term Debt/Equity (mrq) 0.02
Total Cash (mrq) $46.2M
Short Interest
Shares Short
as of Feb 8, 1999 764.0K
Short Ratio 2.34

Number of brokers
recommending as:

Strong Buy 2
Moderate Buy 1
Hold 5
Moderate Sell 0
Strong Sell 0
This Week 2.4
Last Week 2.4
Change 0.0
Earnings Per Share
Last Quarter (Nov 1998) 0.08
Surprise -11.11 %
Consensus Estimates
This Quarter (Feb 99) -0.07
This Year (May 99) 0.04
Next Year 0.14

Latest news:
biz.yahoo.com

Snerd
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