Retake GMAT 3

Launched September 22, 2008
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Retake GMAT 3

by DhingraMAT » Thu Jan 01, 2009 9:10 pm
I have appeared for GMAT twice with the following scores

First Attempt
Score 600 :: Q 44 :: V 29
Second Attempt
Score 550 :: Q 43 :: V 23

As it is visible my score dropped below. However I feel that the score can be improved, but I am ambiguous whether the Universities take this case of GMAT taken 3 times.
If I can retake 3rd time, Do the universities take average score or highest of all the GMAT scores?