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 (1078)	5/17/1998 8:29:00 PM
From: Robert Florin	Read Replies (2) of 1319

Some concern about the cash position. Despite an "operating" profit, available cash dropped to 2.5mm from 3.0mm. In mid-Oct there was 4.0mm. Sales need to throw off enough cash to keep the cash flow from going down. When that happens, it will be a solid boost for the stock. In the meantime, I think that you are actually too optimistic that anyone is actually actively trading this company. The sales at the end of the week were probably the anticipatory drop on the (good) news. I think there will be very little response as no one will be prompted to either sell or buy on this news. I also bet the volume will be a non-event. So I see 4 17/32 - 4 3/4, with vol of 12,300.

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