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Universal Security Instruments Inc. Message Board

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  • hotpanera2 hotpanera2 Nov 14, 2006 9:06 AM Flag

    nice call

    I don't think the inventory increase should be a concern, especially given the strong growth in sales. UUU is not like a department store where high inventory means that markdowns will likely be necessary before the season changes. UUU's inventory generally keeps (unless a model is doscontinued) and gets them ahead of expected demand.

    The results were excellent. We're basically growing at twice the PE. At least 1 x is fully justified and I very much doubt we will stay at a .5 PEG. UUU has now demonstrated multiple strong growth quarters and deserves credibility for putting up numbers consistently and despite a weak housing market.

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