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 (1075)	5/16/1998 12:44:00 PM
From: Karl Drobnic	Read Replies (1) of 1319

It looks like we can figure ACRO's breakeven point at around $3.1 million/quarterly. Accounts receivable are at $1.17 mil. to start the 2Q. I estimate that over half the Acct. Rec. are for the Las Vegas ACT transmitter. There is a Philippines order of $900,000 to be delivered in 2Q. My guess is that doesn't become an A.R. until delivery, but if work already started on it, ACRO may have already recorded the deposit. If so, figure it's worth another $650,000 or so. At April 1, that would put us at $1.8 mil for the qtr, over half way to $3.1 mil in revenues at the start of the qtr. A good beginning.

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