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Profile - Procom Technology, Inc. (NasdaqNM:PRCM)
As of 31-Aug-2001
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Upcoming Events
Sep 20Add this event to your Yahoo! CalendarEarnings Announcement
Sep 20Add this event to your Yahoo! CalendarLive call at 1:00 pm ET: Procom Technology Earnings (Q4 2001)
Location
58 Discovery
Irvine, CA 92618
Phone: (949) 852-1000
Fax: (949) 852-1221
Email: lgeffs@procom.com
Employees (last reported count): 235
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Computer Storage Devices
Company Websites
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Ownership
·Insider and 5%+ Owners: 56%
·Institutional: 19% (42% of float)
(67 institutions)
·Net Inst. Buying: 1.25M shares (+29.54%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Procom Technology, Inc. is a designer and provider of network data storage and access appliances. The Company currently offers two broad categories of products, network attached storage or NAS appliances and other data storage products. The Company's NAS products include its NetFORCE and DataFORCE lines. The NetFORCE appliances are disk-based, read and write NAS storage appliances with optimized software providing faster I/O performance than stand-alone file servers and direct attached storage products. The DataFORCE appliances are CD/DVD-ROM-based, read only NAS storage devices. The Company also develops and markets a number of other data storage products, including disk drive upgrades, standalone and networked CD/DVD-ROM servers and arrays, as well as tape backup products.
More from Market Guide: Expanded Business Description

Financial Summary
PRCM designs, manufactures and markets enterprise-wide data storage and information access solutions that are compatible with all major hardware platforms, operating systems and network protocols. For the nine months ended 4/30/01, net sales fell 33% to $33 million. Net loss rose 48% to $10 million. Revenues reflect reduced demand for CD servers and arrays and disk storage upgrade systems. Higher loss reflects a $4.3 million acquired research and development charge.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Alex Razmjoo, 38
Chairman, Pres, CEO
$251K
Alex Aydin, 38
CFO, Exec. VP-Fin. and Admin., Director
241K
Frank Alaghband, 37
COO, Exec. VP - Operations, Director
241K
Nick Shahrestany, 36
Exec. VP of Sales & Marketing & International Operations, CIO,
253K
Frederick Judd, 43
VP of Fin. and Gen. Counsel
146K
Dollar amounts are as of 31-July-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:PRCMAs of 31-Aug-2001
Price and Volume
52-Week Low
on 4-Apr-2001
$4.25 
Recent Price$9.20 
52-Week High
on 8-Sep-2000
$50.875
Beta3.05 
Daily Volume (3-month avg)150.4K
Daily Volume (10-day avg)197.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
52-Week Change-80.9%
52-Week Change
relative to S&P500
-74.4%
Share-Related Items
Market Capitalization$146.8M
Shares Outstanding16.0M
Float7.00M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$2.03 
Earnings (ttm)-$0.95 
Earnings (mrq)-$0.25 
Sales (ttm)$4.01 
Cash (mrq)$0.63 
Valuation Ratios
Price/Book (mrq)4.53 
Price/EarningsN/A 
Price/Sales (ttm)2.29 
Income Statements
Sales (ttm)$47.2M
EBITDA (ttm)-$10.4M
Income available to common (ttm)-$11.2M
Profitability
Profit Margin (ttm)-23.8%
Operating Margin (ttm)-24.9%
Fiscal Year
Fiscal Year EndsJuly 31
Most recent quarter30-Apr-2001
Management Effectiveness
Return on Assets (ttm)-20.48%
Return on Equity (ttm)-41.56%
Financial Strength
Current Ratio (mrq)2.26 
Debt/Equity (mrq)0.78 
Total Cash (mrq)$7.68M
Short Interest
As of 8-Aug-2001
Shares Short1.98M
Percent of Float28.2%
Shares Short
(Prior Month)
1.48M
Short Ratio19.77 
Daily Volume100.0K
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-Apr-2001)

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