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satelliteguy

11/24/09 10:29 AM

#1452 RE: bobkubecka #1451

AVMD

Shareholders' equity of close to .40 per share and profitable, for under a dime? Unbelievable! Their cost-cutting is obviously working:

"Net income before income tax was $1,265,885 in the three months ended September 30, 2009, compared to $488,493 in the three months ended September 30, 2008. This increase was primarily attributable to the significant decrease in selling, general and administrative expenses as a percentage of revenue in the three months ended September 30, 2009 as well as the improvement in the UK operations for the relevant period."

Knowledge is King

11/24/09 2:31 PM

#1455 RE: bobkubecka #1451

AVMD $.18; great call, bob!