Nigel: re Acorn/Element ? Yes, this is what I have gathered from reading the Acorn user group and related web sites, like Electronic Times; that is, Acorn would like to divest and make the shareholders whole, but there are tax disadvantages to the shareholders, I believe,
because it would be considered a capital gain. Not sure of this, as there are various views, but just turning over the holdings of ARMHY stock by Acorn would please me no end.
There are not that many shareholders, and holdings are highly concentrated.
By the way, AAPL had a nice addition to its quarterly profit report recently, because it apparently sold off some of its's share holdings of ARMHY, obviously at a considerable gain
compared to the IPO price.
So,if I understand you, it sounds like the possibility of receiving ARMHY shares from Acorn would be preferable to selling out now and reinvesting proceeds in ARMHY. This would assume that the current market value of Acorn shares does not fully reflect the remaining holdings of ARMHY, or not?
I really can't see any value in whatever Acorn/13 is doing now, outside of being a receptacle for ARMHY stock value, do you?
Every time I read an update on their new plans for digital TV, there is no mention when, or if , these new directions will actually generate any revenue on there own.
P.S: I am accumulating RMBS on recent dips; looks good for the future, too.
Thanks,
vocex |
