Acrodyne (ACRO) is one of two pure plays in the TV Message Board

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Technology Stocks : Acrodyne (ACRO) is one of two pure plays in the TV

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To: Eric Hautala who wrote (867)	1/2/1998 8:46:00 AM
From: Jim Wilke	Read Replies (1) of 1319

Eric, I bet if ACRO starts to look like it's got a viable business that someone buys them out. That's what I figure will happen too. Only I guess they'll only go for about 51% of the pie. That way they can control the company without having to pay for the whole thing. It's one of those situations where they won't have to buy out the CEOs of ACRO, just replace them with competitor friendly new CEOs, and then put up new issues of preferred stock with high dividends that they sell to themselves. I watched this happen to another company I had stock in. After the new controlling interest took over, the remaining share price plummeted. I'm looking for a situation in ACRO to get out at 1/2 or better of what I paid for it. Unfortunately, I'm not as sure as the rest on this thread that things will indeed get better. - Jim

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