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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (3092)1/4/1999 8:49:00 AM
From: Tony B  Read Replies (3) | Respond to of 56535
 
(S) AVNT -

Basic Stuff -

Current Price: 16 (+1.375 last Thursday)

Average Volume: 406,590
52 Week Range: 10.438 - 29.750
25 Day Average: 14.69
200 Day Average: 18.80
Book Value: $4.95

Market Cap: 506.9M
% Owned by Insiders: 4.97%
% Held by Institutions: 79.16%

Financial -

P/E Ratio: 14.7 (Industry: 31.5 ?)
Earnings Estimates:
4Q'98: 0.39
Yr'98: 1.46 (21.25% EPS Growth)
Yr'99: 1.74 (19.24% EPS Growth)
Scheduled Report Date: 1/10/99

Revenue for 12/99: $147M (38% gain from 12/98)
Gross Profit for 12/99: $134M (40% gain from 12/98)
Net Income for 12/99: $7M (42% loss from 12/98)
Current Liabilities: $49M
Cash: $71M

Interesting Tidbit -
Research Expense: $71M (a 240% increase from 12/98)

5 Analysts Following: 1 Strong Buy; 1 Moderate Buy; 3 Hold
*Deutsche Bank downgraded from Buy to Accumulate on 10/23/98

Technical Analysis -

MACD is in the middle of a bullish trend
Intermediate Stochastics is in the middle of a bullish trend
Short-term Stochastics is at the upper portion of a bullish trend

Avant! (pronounced ah-VON-tee) develops integrated circuit design automation (ICDA) software products that enable IC designers to solve design problems. The company produces IC layout and verification software for high-density, high-performance IC designs. Products designed with these tools include microprocessors, high-end graphics chips, application-specific standard products, and complex application-specific ICs. Avant! believes its products reduce IC manufacturing costs by reducing IC die size and the number of iterations required to complete a design. Since 1995 Avant! has been battling a code-theft suit filed by rival Cadence Design Systems, and several company executives have also been indicted.

Last two days have been higher than normal volume with big gains. I'm not sure what's up. As soon I find out more on that, I'll post again. I just wanted to get the basics out there for now. If anyone as any specific info they always like to have (like the volume on their birthday) or any suggestions, please let me know.
llater,
Tony B