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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 (989)3/31/1998 10:23:00 PM
From: Robert Florin   of 1319
 
Cash flow problems are over. Even though there may be a drop of cash on hand from $4.1 mm to ~$3.6, I anticipate that the bad news you will see tomorrow is last year's news. There are likely to be current orders announced over the next few weeks. It is possible that you will see a stock drop on the earnings announcement, but another possibility is that everyone knows that this and it is already in the price. Based on some of the announcements to date, I am betting that the 1st qtr may show a profit, and the 2nd qtr is likely to be even more promising. Tomorrow is likely to be the bottom in the 2nd qtr stock price, whether it goes down a little, or stays the same.
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