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Technology Stocks
Ultradata Systems INC (ULTR)
An SI Board Since September 1996
Posts SubjectMarks Bans Symbol
193 2 0 ULTR
Emcee:  Scott F. Type:  Unmoderated
This stock was just featured by Worth magazine in a cover story called "Big Profits in Micro-cap stocks". (Sept. 96) The stock has remained relatively undiscovered until now. The Red Chip Review recently upped its buy rating on the stock from a B to an A with a long term price of $16 (current price $8 1/2). With no long term debt, roughly 7 mil in cash (6 mil of which recently raised by excersizing warrants outstanding)plus the company is now coming into 3rd & 4th quarters, historically their best, expecting record sales and earnings. The company manufactures and markets hand-held navigation devices which sell for between $30-100. They hold a patent on the technology & their closest competition is GPS which starts at around $2000. They are now QVC's (home shopping channel) 3rd highest grossing product. Audi recently ordered 25,000 of their units to give out to their clients who suffer a recall. Volkswagon has also ordered a prototype of their on-board system for testing ultimately with the intention of installing these in their new cars. (Not a bad contract for a company who did 10 mil in revenue last year)The management is excellent, the CEO comes off of 20 yrs with Mc Donnel Douglas where he was in charge of their laser systems divisions (took the division from 2 employees to 400+)He also recruited 2 others in ULTR top brass from Douglas as well. The company introduced 4 new products this year, plus has 10X the exposure they did last year. With a 50+% profit margin on everything they sell, sales increasing at a rate of roughly 60% annualy for the last 3 years and the exposure this stock has now, it does not seem to be a difficult play as we get into the holiday season. If numbers come in on target (40-60% of annual revenue is generated in 4th quarter) this should be a $14-16 stock come January.
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193 Any News? It doesn't look like anything with Telebrands is going to happenJohnM-6/11/1999
192 no one has been posting at all on this board. i guess most everyone has moved JohnM-4/29/1999
191 annual report not out until april 15. the 4Q98 news is VERY disappointing. i wJohnM-4/3/1999
190 Annual Report out this week: it looks like we may well see the annual report tJohnM-3/29/1999
189 SmartTime -- I finally dug up some information on E@syMail and PalmNet. in ULTRJohnM-3/26/1999
188 it looks like the nay-sayers have bailed out, and those that were going to sellJohnM-3/19/1999
187 ULTR to ask for extension for filing 10K. a few thoughts: there are certainlyJohnM-3/16/1999
186 4Q98 -- looks like we may see 4Q98 numbers by the third week of March. the accoJohnM-3/4/1999
185 does anyone here, not watch the Yahoo ULTR thread? here are my current musingsJohnM-2/23/1999
184 you can rate ULTR's website here: planetclick.com also check out this extJohnM-2/16/1999
183 ULTR has repriced its incentive options from $4 to $3. (SEC filing on january JohnM-2/2/1999
182 i'm not sure any macro-trends in the market will have much impact on ULTR.JohnM-1/6/1999
181 Agreed, except for mega market trends. I think most pros are expecting a 10% popalapril-1/6/1999
180 it looks like the tax selling is over, the ULTR bid/ask has moved up decisivelJohnM-1/4/1999
179 1999 -- even bfore we see the 4Q98 numbers, it's time to start focusing onJohnM-1/2/1999
178 I would guess three things have a lot to do with the selling pressure: (1) yearopalapril-12/23/1998
177 welll, i'm glad there are at least some folks still following this thread. JohnM-12/22/1998
176 I'm here, too, AND I can spell. Thanks for the running commentary, John. opalapril-12/21/1998
175 no, i'm hear. nothing to contribute. just listen. ianian-12/21/1998
174 does anyone read this thread? alright, i've had it. generally, these SI thJohnM-12/20/1998
173 just in case someone here does not follow the Yahoo thread on ULTR (which has bJohnM-12/14/1998
172 we missed it, but a nov. 26 new zealand press association report indicates thatJohnM-12/11/1998
171 Travel*Star Update Radio Shack sales have been moving along. ULTR has a displaJohnM-12/11/1998
170 ULTR has confirmed that it sold 90,000 super RoadWhiz units on QVC in one day JohnM-11/24/1998
169 encouraging news from a post on yahoo: Road Whiz on QVC, 90,000 units sold 11JohnM-11/19/1998
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