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Technology Stocks : Acrodyne (ACRO) is one of two pure plays in the TV
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To: paul boudreau who wrote (1285)11/16/1999 3:10:00 PM
From: Mel Spivak  Read Replies (1) of 1319
 
Acro's earnings report release:

"Net sales for the three months ended September 30, 1999 showed a 31% decrease over net sales
for the three months ended September 30, 1998. Management believes the reduction in sales is
mainly due to the delay in purchasing of Digital transmission equipment by broadcasters. This delay is
partly a result of the broadcasters' desire to increase transmitted power, which requires further
authorization from the FCC. In addition, the shipment of an ACT transmitter was rescheduled by the
customer from the third to fourth quarter of 1999. Although shipments in the quarter are down, new
order backlog for High Power products continues to increase. The company believes that this
increase in High Power demand is a result of the strategic alliance with Sinclair Broadcast, who has
increased Acrodyne's national recognition and had improved Acrodyne's access to major customers.

A. Robert Mancuso, Acrodyne's President and CEO commented, ``There are exciting developments
that have been recently announced which support the investments we are making in the long term
growth of the company...."

Well maybe next Q will be the start of some strong ones. Mel

biz.yahoo.com
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