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: ken whited who wrote (1016)	4/6/1998 11:10:00 PM
From: Karl Drobnic	Read Replies (1) of 1319

Ken, The 1996 short interest built up because the warrants were called. There were some people arbitraging the common and warrants. If ACRO can announce some decent domestic sales for hi-power, shorts should stay away. It doesn't take a lot to make ACRO a profitable company, and if ACRO is not burning cash, there's no reason to short it. Also, if the transmitter market comes alive and the share price doesn't rally a bit more, ACRO would be a tempting buyout target - not something that is attractive to shorts. Some backlog and a couple profitable quarters would make ACRO a fundamental gem again.

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