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Profile - Logic Devices Inc. (NasdaqNM:LOGC)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | SEC | Msgs | Insider | Financials
Location
1320 Orleans Drive
Sunnyvale, CA 94089
Phone: (408) 542-5400
Fax: (408) 542-5444
Email: investor@logicdevices.com
Employees (last reported count): 31
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Technology
 ·Industry: Semiconductors
Company Website
 ·Home Page

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Ownership
·Insider and 5%+ Owners: 28%
·Over the last 6 months:
 · 2 insider buys; 4,000  shares (0.2% of insider shares)
·Institutional: 12% (17% of float)
(15 institutions)
·Net Inst. Buying: 16.0K shares (+1.88%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Logic Devices Incorporated develops and markets high-performance digital integrated circuits that address the requirements of original equipment manufacturers (OEMs) to provide high-speed electronic computation in digital signal processing (DSP), video image processing, and telecommunications applications. The Company's products generally address DSP requirements involving high-performance arithmetic computational and high-speed storage functions. The Company markets its products worldwide. Among its customers are Snell and Wilcox, Quantel, Philips, Hitachi, Ikegami, NEC, Sony, Toshiba, Honeywell, SDX, Solectron, Acuson, Pinnacle Microsystems, Lockheed Martin, Boeing, Hewlett Packard and Advanced Technologies Laboratories.
More from Market Guide: Expanded Business Description

Financial Summary
Logic Devices Inc., is engaged in the development and marketing of high-performance digital integrated circuits. These circuits address applications which require high computational speeds, reliability, levels of circuit integration and lower power consumption. For the nine months ended 7/1/01, revenues fell 8% to $8.1 million. Net income fell 63% to $123 thousand. Results reflect the general downturn in the economy and extensive marketing of new products.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Pay

Howard Farkas, 76
Chairman
--  
William Volz, 53
Pres
$121K
Kimiko Lauris, 30
CFO and Sec.
--  
Dennis Gross, 46
VP, Sales
--  
John Eldon, 50
CTO
--  
Dollar amounts are as of 1-Oct-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:LOGCAs of 31-Aug-2001
Price and Volume
52-Week Low
on 22-Dec-2000
$0.625
Recent Price$1.09 
52-Week High
on 1-Sep-2000
$2.813
Beta1.20 
Daily Volume (3-month avg)6,818 
Daily Volume (10-day avg)5,000 
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-56.4%
52-Week Change
relative to S&P500
-41.5%
Share-Related Items
Market Capitalization$7.46M
Shares Outstanding6.84M
Float4.90M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq*)$2.48 
Earnings (ttm)$0.04 
Earnings (mrq)$0.00 
Sales (ttm)$1.60 
Cash (mrq*)$0.05 
Valuation Ratios
Price/Book (mrq*)0.44 
Price/Earnings (ttm)24.22 
Price/Sales (ttm)0.68 
Income Statements
Sales (ttm)$11.1M
EBITDA (ttm*)$1.57M
Income available to common (ttm)$319.0K
Profitability
Profit Margin (ttm)2.9%
Operating Margin (ttm)3.6%
Fiscal Year
Fiscal Year EndsOct 1
Most recent quarter
(fully updated)
1-July-2001
Most recent quarter
(flash earnings)
30-June-2001
Management Effectiveness
Return on Assets (ttm)1.76%
Return on Equity (ttm)1.89%
Financial Strength
Current Ratio (mrq*)32.96 
Debt/Equity (mrq*)0.01 
Total Cash (mrq)$357.0K
Short Interest
As of 8-Aug-2001
Shares Short55.0K
Percent of Float1.1%
Shares Short
(Prior Month)
55.0K
Short Ratio11.00 
Daily Volume5,000 
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, except mrq*/ttm* items as of 1-July-2001)

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