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Profile - SpectraSite Holdings (NasdaqNM:SITE)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials | Reports
Recent Events
Aug 20Price hit new 52-week low ($2.03)
Aug  8Conference call: SpectraSite Earnings (Q2 2001)
Aug  7Earnings Announcement
Location
100 Regency Forest Drive, Suite 400
Cary, NC 27511
Phone: (919) 468-0112
Fax: (919) 468-8522
Email: info@spectrasite.com
Employees (last reported count): 1,963
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Communications Services
Company Websites
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Ownership
·Insider and 5%+ Owners: 53%
·Over the last 6 months:
 · one insider buy; 2,000  shares
·Institutional: 42% (89% of float)
(190 institutions)
·Net Inst. Buying: 1.31M shares (+2.04%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
SpectraSite Holdings, Inc. is a wireless tower operator and a provider of outsourced network services to the wireless communications and broadcast industries in the United States and Canada. The Company's businesses include the ownership and leasing of antenna sites on towers; managing rooftop and in-building telecommunications access on commercial real estate; network planning and deployment; and construction of towers and related wireless facilities. As of December 31, 2000, after giving effect to all pending transactions, the Company owned or managed over 26,000 sites, including 8,260 towers. The Company also own 50% of SpectraSite-Transco Communications Ltd., which owns 714 towers and 1,500 sites. In addition, SpectraSite-Transco Communications has the option to construct towers on an additional 30,000 potential sites in the United Kingdom.
More from Market Guide: Expanded Business Description

Financial Summary
SpectraSite Holdings is engaged in the ownership and leasing of antennae sites on towers, managing rooftop and in-building telecommunications access on commercial real estate, network planning and wireless tower construction. For the six months ended 6/30/01, total revenues rose 43% to $219.2 million. Net loss totaled $250.9 million, up from $70.9 million. Results reflect new towers either acquired or built, offset by increased interest and non-cash costs.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

Lawrence Sorrel, 42
Chairman
--  --  
Stephen Clark, 56
Pres and CEO
$652K$6.2M
David Tomick, 49
CFO, Exec. VP
302K887K
Timothy Biltz, 42
COO
465K--  
Calvin Payne, 48
Exec. VP- Design and Construction , Director
--  --  
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:SITEAs of 31-Aug-2001
Price and Volume
52-Week Low
on 20-Aug-2001
$2.03 
Recent Price$2.76 
52-Week High
on 1-Sep-2000
$23.50 
Daily Volume (3-month avg)1.63M
Daily Volume (10-day avg)2.89M
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y]
52-Week Change-87.7%
52-Week Change
relative to S&P500
-83.5%
Share-Related Items
Market Capitalization$417.3M
Shares Outstanding151.2M
Float71.1M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$7.16 
Earnings (ttm)-$2.31 
Earnings (mrq)-$1.24 
Sales (ttm)$2.90 
Cash (mrq)$1.37 
Valuation Ratios
Price/Book (mrq)0.39 
Price/EarningsN/A 
Price/Sales (ttm)0.95 
Income Statements
Sales (ttm)$413.1M
EBITDA (ttm)$4.47M
Income available to common (ttm)-$337.6M
Profitability
Profit Margin (ttm)-81.7%
Operating Margin (ttm)-31.9%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-11.65%
Return on Equity (ttm)-30.23%
Financial Strength
Current Ratio (mrq)2.78 
Debt/Equity (mrq)1.91 
Total Cash (mrq)$206.1M
Short Interest
As of 8-Aug-2001
Shares Short5.73M
Percent of Float8.1%
Shares Short
(Prior Month)
6.47M
Short Ratio2.66 
Daily Volume2.16M
See Profile Help for a description of each item above;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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