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Technology Stocks : Allen-Vanguard Rescue Board

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To: TreKewl who wrote (487)10/20/2009 8:15:17 PM
From: beaverfever1 Recommendation   of 724
 
Siskinds may want to consider why a company, planning to make massive assets write-downs would consider such a huge increase in R&D budget as justifiable.

Allen-Vanguard with a whopping 263.5% jump in R&D spending
researchinfosource.com

Allen-Vanguard Corporation
FY2008
$000
$21,833

FY2007
$000
$6,007

% Change
2007-2008
263.5

Revenue
FY2008
$000
$309,005

Maybe they consider their expenses of planning to "screw shareholders" as R&D ?
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