SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Acrodyne (ACRO) is one of two pure plays in the TV

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Heroic who wrote (938)2/12/1998 6:21:00 PM
From: Karl Drobnic  Read Replies (2) of 1319
 
As for the seller, I can speculate that it is a market maker friendly to ACRO who takes in inventory in the $3 area and provides some support during the doldrum periods. Today's press release was encouraging on several fronts. There was the aspect of additional business from previous clients, and of taking some business away from the competition. The strong Latin presence was also upbeat since ACRO invested in a Latin sales office. A major sale into the giant Brazil market could be a "wake up Wall St." event. Even more attention-grabbing would be another ACT sale domestically prior to the quarter's end. We're getting close to the level that builds backlog - and with backlog comes profitable quarters.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext