This stock was just picked up on a FA/TA scan and produced the following:
ADVANCED MACHINE VISION CORPORATION Ticker Symbol: AMVC (NASDAQ)
Address: 2067 Commerce Drive Medford, OR 97504 Telephone: (541) 776-7700
Chairman, President & CEO William J. Young Chief Financial Officer: Alan R. Steel
Public Relations: Silverman Heller Associates Telephone: (310) 208-2550
Advanced Machine Vision Corporation is a worldwide leader in the design, manufacture and sale of vision systems used to control manufacturing processes through high-speed product inspection, and to identify and remove defects, resulting in production and quality yield rates superior to other process and control methods.
EXECUTIVE BRIEF * DEBT REDUCTION - IMPROVED BALANCE SHEET During the first nine months of 1997, the Company has purchased, retired or eliminated a total of 653,000 shares, $9.2 million of debt and 5 million additional potentially issuable shares. During the same period, cash on hand has increased by $3.6 million. biz.yahoo.com
* EARNINGS Record nine month results. Earnings reflect a gain on the sale of Pulsarr. Growing profit margins in excess of 50% are most noteworthy. biz.yahoo.com Record second quarter results. businesswire.com Record first quarter results. businesswire.com
* INSTITUTIONAL ATTENTION The Company was one of twenty featured at the November 20th Red Chip Review Investor Conference on November 20, 1997. The Red Chip Review provides analysis of publicly traded small capitalization companies. Current readership, including institutional audiences, is more than 5000. biz.yahoo.com
To read the Red Chip Review Profile on AMVC: redchip.com
* INSIDER OWNERSHIP William J. Young 1,566,300 (2) (4) (5) 11.2% Allen & Company Incorporated 731,587 (3) 6.4% Dr. James Ewan 872,000 (2) (5) 6.4% Alan R. Steel 726,000 (2) (5) 5.3% Rodger A. Van Voorhis 608,333 (6) 4.4% Nagaraj P. Murthy, DDS 400,727 (5) 3.0% Asif S. Ahmad 367,394 (5) 2.7% Jack Nelson, Esq. 75,000 (5) * Vikram Dutt 25,000 (5) * Robert M. Loeffler 25,000 (5) * Haig S. Bagerdjian 25,000 (5) * All executive officers and directors 4,690,754 30.4% edgar.sec.gov. * SECTOR HEAT The market for machine-vision inspection systems is growing rapidly, fueled by advances in computer and optical technologies that make automated, optical inspection a much more feasible technology. According to Automated Imaging Association of Ann Arbor, Mich., the worldwide machine-vision market will exceed $2.8 billion by the year 2000. automated-imaging.org
Oct. 7, 1997 Hewlett Pakard entered the machine-vision market by buying Vital Technology. hp.com
OTHER INFORMATION * SHORT POSITION: viwes.com
* Yahoo Message Board (takeover rumors): messages.yahoo.com
* LINKS SRC Vision, Inc. a wholly owned subsidiary of AMVC packaging-technology.com
SRC's new ACS 2000 Advanced Concept sorting capabilities foodexplorer.com
Ventek - Vision Technology for the lumber industry. A subsidiary of AMVC ventek-inc.com versalogic.com
* AMVC'S CUSTOMERS Major customers include Georgia-Pacific, International Paper, Columbia Forest Products, J.R. Simplot, Del Monte Foods, PepsiCo, Inc. (Frito-Lay, Inc.), and Hershey Chocolate USA.
* SI THREAD exchange2000.com
* AMVC WARRANTS
quote.yahoo.com warrant info: noddings.com |