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Note 9 - Fair Value Measurement
9 Months Ended
Jul. 31, 2013
Fair Value Disclosures [Abstract]  
Fair Value Disclosures [Text Block]

9. FAIR VALUE MEASUREMENT


We utilize a three level hierarchy that defines the assumptions used to measure certain assets and liabilities at fair value.


Cash and cash equivalents, accounts receivable, the current portion of our investment in sales-type leases and notes receivable are not presented as their carrying value approximates fair value due to their short term nature.  It is impracticable to estimate the fair value of the long-term portion of our investment in sales-type leases and notes receivable as it is comprised of many insignificant balances, customers with different credit profiles and various interest rates.  As of July 31, 2013 our investment in sales-type leases and notes receivable had an approximate 5.5% effective interest rate and an approximate 2 year average maturity.


As of July 31, 2013 and October 31, 2012, there were no amounts drawn under our Revolver.