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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: Karl Drobnic who wrote (894)1/14/1998 9:38:00 PM
From: Robert Florin  Respond to of 1319
 
Agree. And the pvt placement concerned me because I am not sure they raised enough cash for their needs, and for the amount of stock they gave to the investors. I am concerned that their burn rate will not hold them until the orders start flowing without having to return for even more $$$. OTH, I have the feeling that the broadcasters are running out of time, and they know it. The pressure to do something this year feels much greater than it did from last last year. Some evidence is that the haggling with the FCC and congress seems to have abated, and the recent survey about 5 posts back indicate that the broadcasters are getting more serious about making the needed capital cost investments. What is your sense about the adequacy of the cash reserves and the broadcasters intentions?



To: Karl Drobnic who wrote (894)1/15/1998 3:34:00 PM
From: Mel Spivak  Read Replies (1) | Respond to of 1319
 
ACRO has awakened!