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Profile - Sipex Corporation (NasdaqNM:SIPX)
As of 31-Aug-2001
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Location
22 Linnell Circle
Billerica, MA 01821
Phone: (978) 667-8700
Fax: (978) 667-8310
Email: invest@sipex.com
Employees (last reported count): 597
Financial Links
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 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Semiconductors
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Ownership
·Insider and 5%+ Owners: 47%
·Institutional: 84% (159% of float)
(180 institutions)
·Net Inst. Selling: 1.30M shares (+6.65%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Sipex Corporation is a semiconductor company that designs, manufactures and markets precision, high performance, high value-added analog integrated circuits. Virtually all of Sipex products are components. Sipex offers a broad range of high performance, high value-added analog integrated circuits. Sipex's products are broken down generally into the following categories: networking products, power management products, electroluminescent products, and data converter products. In the fourth quarter of 2000, Sipex adopted an end-of-life strategy for the discontinuance of its line of assembled and ASSP products, which were supplied principally to commercial customers.
More from Market Guide: Expanded Business Description

Financial Summary
Sipex designs, manufactures, and markets innovative, high performance, high value-added analog integrated circuits. For the six months ended 6/30/01, net sales decreased 31% to $40.3 million. Net loss totalled $10.6 million vs. an income of $4.4 million. Revenues reflect the impact of excess inventory and reduced consumption industry wide in the semiconductor industry. Loss reflects continued process development in the new wafer fabrication facility.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

James Donegan, 55
Chairman and CEO
$313K$2.4M
Stephen Parks, 40
Pres and COO
340K342K
Frank DiPietro, 53
CFO, Exec. VP-Fin., Treasurer and Clerk
240K2.0M
Raymond Chow, 52
Sr. VP of Interface Products and CTO
201K1.5M
Yener Gurler, 61
Sr. VP- Operations
197K1.5M
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:SIPXAs of 31-Aug-2001
Price and Volume
52-Week Low
on 3-Apr-2001
$5.938
Recent Price$11.43 
52-Week High
on 12-Sep-2000
$50.75 
Beta1.49 
Daily Volume (3-month avg)204.0K
Daily Volume (10-day avg)131.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-73.9%
52-Week Change
relative to S&P500
-65.1%
Share-Related Items
Market Capitalization$282.7M
Shares Outstanding24.7M
Float13.1M
Dividends & Splits
Annual Dividendnone 
Last Split: 2 for 1 on 28-Aug-1997
Per-Share Data
Book Value (mrq)$5.43 
Earnings (ttm)-$0.49 
Earnings (mrq)-$0.23 
Sales (ttm)$4.16 
Cash (mrq)$0.29 
Valuation Ratios
Price/Book (mrq)2.10 
Price/EarningsN/A 
Price/Sales (ttm)2.75 
Income Statements
Sales (ttm)$96.8M
EBITDA (ttm)-$19.6M
Income available to common (ttm)-$11.0M
Profitability
Profit Margin (ttm)-11.4%
Operating Margin (ttm)-20.3%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-7.56%
Return on Equity (ttm)-9.01%
Financial Strength
Current Ratio (mrq)4.31 
Debt/Equity (mrq)0.05 
Total Cash (mrq)$7.21M
Short Interest
As of 8-Aug-2001
Shares Short682.0K
Percent of Float5.2%
Shares Short
(Prior Month)
341.0K
Short Ratio3.11 
Daily Volume219.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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