SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Acrodyne (ACRO) is one of two pure plays in the TV
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Karl Drobnic who wrote (1098)6/10/1998 4:59:00 PM
From: paul boudreau  Read Replies (2) of 1319
 
From the Yahoo board:

a8ajd8djd8
(43/M/Guilford,Ct)
Jun 10 1998
5:52AM EDT

I attended shareholders meeting which I would say was very upbeat. This years unofficial
projections are for $15-17 million in sales with next year about $25 million. The company is
indicating that they are attempting to bring in strategic partners to increase awareness in
company and/or to get a large company in industry to partnership with ACRO so their sales
will grow more quickly. Mancuso alluded to the fact that ACRO may be so desirable for
another company in the industry that they will/may be eventually taken over. However,
Mancuso feels the value of the stock is very low at present and wants to get price higher
before any talks take place relative to selling out. Don't get me wrong, I am not insinuating
that Mancuso necessarily wants to sell the company, but I think he feels the marketplace will
force it. He and the other board members were extremely positive on the factt that
Internationa; sales provide tremendous opportunity, that ACRO technology is the strongest in
tthe industry, that the larger broadcasters are now taking an interest in ACRO and they are
taking them more seriously (in fact FOX network is suppposedly visiting ACRO next week
with more to follow), the company feels they do not have to do any more partnering such as
the Scorpian deal(by the way they defending the sale of shares fro $3 each in that Scorpian
has great connections and bring other assets to ACRO), and there was a gentleman in
attendance (whom I forget his name) who apparently has very strong ties to the major
broadcasters and is supposedly going to be a great benefit if obtaining the broadcaster's ear.
That's the scoop!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News