Audiovox 1997 Annual Report Download - page 33

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AUDIOVOX CORPORATION AND SUBSIDIARIES
C o r p o r a t e I n f o r m a t i o n
Audiovox Corporation
Board of Directors and Officers
Board of Directors
John J. Shalam
Chairman, President and Chief Executive Officer
Philip Christopher
Executive Vice President
President, CEO, Audiovox Communications Corp.
Charles M. Stoehr
Senior Vice President, Chief Financial Officer
Patrick Lavelle
Senior Vice President, Automotive Electronics
Ann Boutcher
Vice President, Marketing
Richard Maddia
Vice President, MIS
Gordon Tucker, PhD.
Rabbi of Temple Israel, White Plains, N.Y.
Irving Halevy
Industrial Relations Consultant
Dennis McManus
Telecommunications Consultant
Paul C. Kreuch, Jr.
President and CEO, Lafayette American Bank
Officers
John J. Shalam
President and Chief Executive Officer
Philip Christopher
Executive Vice President
President, CEO, Audiovox Communications Corp.
Charles M. Stoehr
Senior Vice President, Chief Financial Officer
Patrick Lavelle
Senior Vice President, Automotive Electronics
Chris L. Johnson
Vice President, Secretary
Ann Boutcher
Vice President, Marketing
Richard Maddia
Vice President, MIS
Independent Auditors
KPMG Peat Marwick LLP
Jericho, New York
Legal Counsel
Levy & Stopol, LLP
New York, New York
Stockholder Information
Corporate Office
Audiovox Corporation
150 Marcus Blvd.
Hauppauge, New York 11788
[phone]
Stock Exchange Listing
American Stock Exchange
Ticker Symbol: “VOX”
Annual Meeting
The Annual Meeting of Stockholders
will be held on Thursday, May 7, 1998 at
10AM at the Company’s Headquarters,
150 Marcus Blvd., Hauppauge,
New York
Transfer Agent and Registrar
Continental Stock
Transfer and Trust Company
New York, New York
Financial Public Relations
Edelman Public Relations Worldwide
1500 Broadway
New York, New York 10036-4015
[phone]
Analyst Coverage
The Company is being followed by the
brokerage firm Ladenburg, Thalmann
& Co. Inc. For more information contact
Edelman Public Relations Worldwide.
Form 10-K
Copies of the corporation’s annual report
on Form 10K are available from:
Audiovox Corporation
Stockholders’ Relations at
Edelman Public Relations Worldwide
1500 Broadway
New York, New York 10036-4015
Audiovox Corporation is an Equal
Opportunity Employer
Web Site: www.audiovox.com
Except for historical information contained herein,
statements made in this release that would constitute
forward-looking statements may involve certain risks
such as market volatility, price competition and new
product introductions. These factors may cause
actual results to differ materially from the results
suggested in the forward-looking statements,
including those risks detailed from time to time in
the Company’s reports on file at the Securities and
Exchange Commission, including the Company’s
Form 10-K for the fiscal year ended November 30, 1997.
Class A Common Shares of Audiovox are traded on the American Stock Exchange under the symbolVOX. No dividends have been paid on the
Company's common stock. The Company is restricted by agreements with its financial institutions from the payment of common stock dividends
while certain loans are outstanding (see Liquidity and Capital Resources of Management's Discussion and Analysis). There are approximately 6,300
beneficial holders of Class A Common Stock and 4 holders of Class B Common Stock. Average Daily
Class A Common Stock High Low Trading Volume
Fiscal Period 1997 – First Quarter $ 8 1/2 $ 4 5/8 368,639
Second Quarter 7 7/8 4 15/16 171,733
Third Quarter 8 13/16 6 5/16 201,653
Fourth Quarter 10 3/4 7 5/16 131,779
Fiscal Period 1996 – First Quarter 6 3/8 43/4 15,924
Second Quarter 7 7/16 41/16 52,039
Third Quarter 6 5/16 4 16,309
Fourth Quarter 6 3/4 45/8 95,817
Fiscal Period 1995 – First Quarter 8 1/2 63/8 25,300
Second Quarter 7 51/16 13,500
Third Quarter 7 3/8 47/16 30,100
Fourth Quarter 6 13/16 43/8 21,600
S u m m a r y o f S t o c k P r i c e s a n d D i v i d e n d D a t a