AAV's Glacier Moving at Rapid Pace

ROBERT FITZMARTYN, First Energy Capital (11/15/2010)
"Advantage reported third quarter financial and operating results that were a little behind expectations although generally associated with lower than expected top-line pricing. Capital investment levels were higher than forecast and indicative of Advantage being ahead of schedule on its Phase III Glacier Expansion project. Revised guidance is reflected of this, as volume projections are higher on unchanged capital inputs. Affording Advantage a slightly higher valuation, we continue to rank the stock as a Top Pick."

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