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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 (989)	3/31/1998 10:23:00 PM
From: Robert Florin	Respond to of 1319

Cash flow problems are over. Even though there may be a drop of cash on hand from $4.1 mm to ~$3.6, I anticipate that the bad news you will see tomorrow is last year's news. There are likely to be current orders announced over the next few weeks. It is possible that you will see a stock drop on the earnings announcement, but another possibility is that everyone knows that this and it is already in the price. Based on some of the announcements to date, I am betting that the 1st qtr may show a profit, and the 2nd qtr is likely to be even more promising. Tomorrow is likely to be the bottom in the 2nd qtr stock price, whether it goes down a little, or stays the same.

To: Eric Hautala who wrote (989)	4/1/1998 10:52:00 AM
From: Karl Drobnic	Read Replies (1) \| Respond to of 1319

I generally agree with Eric. ACRO doesn't have the deep pockets to wait through another long dry spell. If ACRO doesn't nail enough orders to get to breakeven or better, the only choice is more dilution, or become such a sideline player as to be left scrambling for crumbs. ACRO thinks it has big league technology, and that means acting like it's big league if you want to sell it. None of are in ACRO because we think it's a sideline player. So at NAB, ACRO needs to walk the walk, talk the talk, and nail some substantial orders.