Richardson Electronics (NASDAQ:RELL) provides engineered solutions, power grid microwave tubes (and related components) and customized display solutions that serve a wide variety of markets, including Alternative Energy, Broadcast/Communication, Industrial Equipment, Marine/Avionics, Medical/Healthcare, and Semiconductor.
RELL is not just another low priced value stock. Besides the fact that this company has been in business for over 60 years, as the data will prove, it really doesn't get any better than this if you are a value stock picker, with an appetite for down to earth cheap valuations.
First of all let's start with the balance sheet.
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As you can see, the company has about $194 million in current assets with $20 million in current liabilities and...