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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: Eric Hautala who wrote (985)3/30/1998 8:11:00 PM
From: Karl Drobnic  Respond to of 1319
 
One thing to watch for is if there are any charges for the cutbacks they did. Some things are operating losses, and some things are accounting losses. If it costs cash, then (as Eric notes) it cuts into the bonding capacity. Usually, when companies have cutbacks, some charges show up that are one-time, abnormal, or otherwise outside the operating costs. I'd like to able to remove any "cutback" charges and see that the CEO's got the company operating near breakeven. Otherwise, we're back to calculating burn rates for the cash. Also, it would be nice to see some backlog figures (assuming that there is backlog) so that we can see where we're headed.



To: Eric Hautala who wrote (985)3/31/1998 7:58:00 PM
From: Phillip Kelly  Read Replies (1) | Respond to of 1319
 
Eric, I see that Karl definitely feels they will announce their poor earnings tomorrow and expects it to pull back to 3.5 and then snap back. How do you feel about accumulating more and would you give weight to how bad the earnings are? I will try to snap up some if it gets to the 3.50 price since its SHOWTIME. I've been in this for two years and if its ever going to move now is the time.