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17. REPURCHASE OF COMMON STOCK
12 Months Ended
Oct. 31, 2012
Equity [Abstract]  
REPURCHASE OF COMMON STOCK

17. REPURCHASE OF COMMON STOCK

 

In May 2012, the Company’s Board of Directors approved the purchase of up to $500,000 of the Company’s common stock.  In fiscal year 2012 the Company purchased 7,950 shares for an aggregate purchase price of $8,169. The Company has used internally generated cash to fund these purchases.  There were no shares purchased in fiscal year 2011.