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Profile - Aether Systems, Inc. (NasdaqNM:AETH)
As of 31-Aug-2001
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Location
11460 Cronridge Drive
Owings Mills, MD 21117
Phone: (410) 654-6400
Fax: (410) 654-6554
Email: glampf@aethersystems.com
Employees (last reported count): 1,375
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: Software & Programming
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Ownership
·Insider and 5%+ Owners: 57%
·Over the last 6 months:
 · 4 insider buys; 1.15M shares (4.6% of insider shares)
 · 2 insider sells; 2.62M shares
  (10.6% of insider shares)
·Institutional: 24% (56% of float)
(194 institutions)
·Net Inst. Selling: 6.57M shares (+208.15%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Aether Systems, Inc. provides technologies that enable businesses to extend their data and commercial transactions to wireless and mobile handheld devices. At the core of Aether is a comprehensive family of software products that the Company refers to as its wireless technology foundation, upon which all types of wireless systems for businesses can be built. The Company's wireless technology foundation includes wireless integration, mobile data management and wireless infrastructure software products. The Company adds to this foundation individual technology components that include its wireless data engineering and development services, wireless data hosting, product fulfillment and customer support. These components can be used separately, or in various combinations, to extend existing and future business applications to any handheld device over any wireless network.
More from Market Guide: Expanded Business Description

Financial Summary
Aether Systems, Inc. provides wireless data services and systems enabling people to use wireless handheld devices for real-time data communications and transactions. For the six months ended 6/01, revenues totalled $62.7 million, up from $16.2 million. Net loss before acct. change and before extra item. totaled $1.32 billion, up from $123.2 million. Results reflect the sales of licenses and services of the ScoutWare software platform, offset by $961.6 million in impairment costs.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

David Oros, 41
Chairman, CEO
$200K$17.6M
George Davis, 45
Vice Chairman, Pres
246K19.2M
David Reymann, 42
CFO
180K7.8M
Brian Keane, 42
Exec. VP of Corp. Devel.
180K7.6M
Michael Mancuso, 55
Exec. VP, vertical markets business segment
--  --  
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:AETHAs of 31-Aug-2001
Price and Volume
52-Week Low
on 26-June-2001
$7.39 
Recent Price$8.85 
52-Week High
on 8-Sep-2000
$151.00 
Daily Volume (3-month avg)1.12M
Daily Volume (10-day avg)569.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y]
52-Week Change-93.9%
52-Week Change
relative to S&P500
-91.8%
Share-Related Items
Market Capitalization$360.1M
Shares Outstanding40.7M
Float17.5M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$21.11 
Earnings (ttm)-$38.74 
Earnings (mrq)-$2.74 
Sales (ttm)$2.64 
Cash (mrq)$15.78 
Valuation Ratios
Price/Book (mrq)0.42 
Price/EarningsN/A 
Price/Sales (ttm)3.35 
Income Statements
Sales (ttm)$104.7M
EBITDA (ttm)-$1.16B
Income available to common (ttm)-$1.56B
Profitability
Profit MarginN/A 
Operating MarginN/A 
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-72.59%
Return on Equity (ttm)-91.99%
Financial Strength
Current Ratio (mrq)7.65 
Debt/Equity (mrq)0.37 
Total Cash (mrq)$641.5M
Short Interest
As of 8-Aug-2001
Shares Short4.14M
Percent of Float23.7%
Shares Short
(Prior Month)
2.90M
Short Ratio5.33 
Daily Volume777.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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