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

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To: Robert Florin who wrote (1009)4/3/1998 11:24:00 PM
From: Karl Drobnic  Read Replies (2) of 1319
 
I suspect the Asian order press release is to draw attention to ACRO going into NAB. I think the company is savvy enough to have a flurry of announcements saved up for the next several days. There are a lot of holders from 1995/early 1996 in at the $5-7 level as far as I can tell. If we cut through the 5s as easily as we cut through the 4s this week, we can expect the old hands to hold. A stall out in the 5s with a flurry of announcements would signal bail outs. Next week should be interesting.
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