WRITE UP IN REDCHIP REVIEW
redchip.com
COMPANY OVERVIEW: here's lookin' at ya!
Advanced Machine Vision Corporation, (Nasdaq: ARCCA, or AMVC after
7/1/97) is
a designer and
manufacturer of high-speed defect-detection and sorting systems, based
in
Medford, Ore. A significantly
revised senior management team was recruited in 1994, who refined the
Company's focus from its former
"technology holding company" orientation to its current vision-systems
niche,
as reflected in the recent name
change. Applications for the Company's sorting equipment include: food
product sorting, tobacco leaf
inspection, plastics separation and/or color monitoring, and wood chip
sorting. At present, the food processing
applications make up roughly half of the Company's sales.
With the acquisition of Eugene, Ore.-based Ventek, ARCCA intends to
pursue
several applications in the near
term for the forest products industry that should increase yields and
improve
the quality of plywood products.
By combining its camera and inspection technology with Ventek's hardware
platform, the Company believes it
can continue building market presence not just in defect detection, but
also
during several stages of the veneer
manufacture process. This strategy is indicative of ARCCA's overall goal
to
leverage its vision technology into a
variety of industrial applications, diversifying its exposure to
industry
cycles and expanding the potential
customer base.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$
DOW JONES NEWS SERVICE
09/29 Advanced Machine Vision Buys Back 1.8M Restricted Cmn Shrs
MEDFORD, Ore. (Dow Jones)--Advanced Machine Vision Corp. (AMVC)
reacquired
1.8 million out of 2 million restricted common shares.
In a press release Monday, the company said it issued the restricted
shares
to certain officers on Jan. 10 in order to retain their services.
The officers retired the stock to reduce the number of shares
outstanding
and to increase shareholder value, the company said.
Since the year began, the company has retired $9.2 million in debt,
including 8 million shares with the current buyback.
Advance Machine Vision, which had 13,398,000 shares outstanding as of
June
30, designs, makes and sells compliant vision systems.
(END) DOW JONES NEWS 09-29-97
02:24 PM
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$
Advanced Machine Vision Corp.Repurchases 1,000,000 Shares of Stock and
640,000
Warrants
businesswire.com BW)
(ADVANCED-MACHINE-VISION)(AMVC) Advanced Machine Vision Corp.
Repurchases 1,000,000 Shares of Stock and 640,000 Warrants
Business Editors
MEDFORD, Ore.--(BUSINESS WIRE)--Aug. 13, 1997--Advanced Machine
Vision Corporation (Nasdaq-AMVC) announced today that it had
purchased in a private transaction 1,001,640 shares of AMV's
outstanding Class A Common Stock and 640,000 warrants to purchase
Class A Common Stock for total consideration of $1.9 million.
William J. Young, AMV's Chairman, President and Chief Executive
Officer, said, "The purchase represents a reduction of approximately
7.5% in the number of outstanding shares and the elimination of
another 640,000 potentially issuable shares."
Advanced Machine Vision Corporation is a worldwide leader in the
design, manufacture and sale of standard and CE compliant vision
systems used to control manufacturing processes through high-speed
product inspection, defect identification and removal at production
which generate quality yield rates superior to other process and
control methods. AMV's operations are comprised of two wholly-owned
subsidiaries, SRC VISION, Inc. and Ventek, Inc., both utilizing
proprietary image processing technologies.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Discussion Groups:
Yahoo Message Board
messages.yahoo.com
Subj: Possible merger
By: cashheavy
Date: Nov 28 1997 5:14 A.M
PST
Reply To: Msg. 1 by
YahooFinance
Don't forget that the recent stock & warrent buyback, reduction in long
term
debt
could mean something else - POSSIBLE MERGER.
A potential merger partner could be directing AMVC what to do to improve
balance sheet
prior to merger.
View Replies to this Message
*********************
CURRENT BUT OUTDATED SI THREAD SITE:
ARC Capitol. ARCCA
exchange2000.com
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$
Financial Snapshot
Data current through 11/28/1997
Advanced Machine Vsn Cp
Exchange: NASDAQ
Ticker: AMVC
Dow Jones Industry Group: Industrial Tech
State: Oregon
Number of Employees: 184
Stock Price
Most Recent Close Price($) 2.22
52-Week High($) 2.50
52-Week Low($) 1.19
Price Change Last 52 Weeks 26.9%
Price Change Year-to-Date 31.4%
Beta, Up Market 2.65
Beta, Down Market 2.51
Share Data
EPS Last 12 Months($) 0.53
5-Yr Annual EPS Growth NC
Indicated Dividend Rate($) 0.00
5-Yr Annual Dividend Growth NC
Market Value($ Mil) 24
Shares Outstanding 10,597,000
Financial Strength
Current Ratio 2.3
Debt/Equity 78%
Corporate Performance
Revenues Last 12 Mos($ Mil) 32.6
Earnings Last 12 Mos($ Mil) 8.6
Profit Margin 26.4%
Return on Equity 79.6%
Return on Assets -17.2%
Revenue/Assets 129%
Valuation Ratios
P/E Ratio 4.2
Dividend Yield 0.0%
Payout Ratio NC
Price/Book Value 291%
Price/Revenue 72%
Data Source: Media General Financial Services |
