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Technology Stocks : Acrodyne (ACRO) is one of two pure plays in the TV -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Thomas who wrote (820)	11/15/1997 4:03:00 PM
From: Eric Hautala	Read Replies (2) \| Respond to of 1319

After looking at the quarterly revenue figures it's borderline that their "medium power" PR announcement in October was nothing more than an attempt to drive up the price and suck in the Scorpion VC. Reread the announcement - it should have read that the $1.4M was about all the 3rd qtr. sales, not a "new business" as they positioned it. Drive up the price and easily pull in VC. Stocks go up and down - always will - and I fully accept that market fact. I've found a company's integrity to be a constant - once demonstrated it doesn't change. Perhaps there's deeper reasons than $2mil bonding that ACRO can't break the ERP barrier? Makes me wonder. I've cut my holdings - luckily not down here in 3 land but while someone else bit into the latest PR gaff. I'd only consider buying again when we get down to book + the cost of the future prospects of the firm. Management integrity is actually a negative number now (say $-.50/share). I'll be back in the low or Mid 2's. Advising my associates to do likewise until ACRO management demonstrates integrity and respect for those of us who have decided to entrust them with our money.