Advant-e released strong third quarter results yesterday. Revenues rose 5.3% from last year and net income rose 22.1%. Earnings for the four trailing quarters rose to $1.93 million, a record. The company's cash on hand now tallies $5.11 million. Advant-e now sports a trailing P/E of 9.2 and an Enterprise Value/EBIT ratio of 4.4. Advant-e remains cheap, growing and over-capitalized. The company's Edict Systems subsidiary has momentum behind it and gross and operating margins are hitting new highs.