Sharing Knowledge in Smallcaps

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LATD
Latitude Communications, Inc. is a provider of enterprise e-conferencing solutions that enable geographically dispersed organizations to collaborate in real time. The Company's MeetingPlace system is designed for enterprise-wide deployment to improve the ability of employees, partners and customers to meet and work. MeetingPlace consists of three components, the MeetingPlace conference server, MeetingPlace software and system integration options. MeetingPlace incorporates many easy-to-use features that allow participants to emulate the voice and data collaboration that occurs in a face-to-face meeting, such as breakout sessions, roll calls and meeting handouts.

For the nine months ended 9/30/01, revenues fell 22% to $25.1 million. Net loss totalled $5.9 million, vs. income of $1.9 million. Results reflect lower product sales, and increased marketing costs

Recent Price $1.74
Book Value (mrq) $2.40
Total Cash (mrq) $24.1M
Shares Outstanding 19.4M Float 17.6M
Shares Short 2,000
Institutional: 51% (56% of float)
(79 institutions
Shares are under heavy accumulation by financial institutions. Positive for a small company like LATD
Total Positions 32 owns 8,972,342 shares


The price-to-earnings multiple is a negative number. No effect
One or more analysts has significantly decreased quarterly earnings estimates for LATD. Negative
The StockScouter measure of relative price change and consistency is low. Negative

Short-term Outlook
Over the next 1-2 months, StockScouter forecasts that value stocks will be neutral, micro-cap stocks will be neutral, and consumer services stocks will be in favor

Zacks average brokerage recommendation is Hold
Composite Indicator TrendSpotter (TM) Buy

Broke resistance yestaerday:
Support Price (5day): $1.370 Support Price (20day): $1.100 Support Price (50day): $1.100 Support Price (100day): $1.100

Resistance Price (5day): $1.780 Resistance Price (20day): $1.780 Resistance Price (50day): $2.050 Resistance Price (100day): $2.170