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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: Phillip Kelly who wrote (1070)	5/14/1998 8:55:00 PM
From: Phillip Kelly	Read Replies (1) \| Respond to of 1319

I found this observation about the lack of PR on the Yahoo thread interesting. Management needs a major Success_Is_Spelled_ACT (M/NY) May 13 1998 8:58PM EDT Very strange price action today. Apparently some people wanted to get out at the end of the day and there were no buyers so the price dropped sharply on high volume(high for ACRO in that short of a period). An interesting and radical concept could be the hiring of a P.R. firm that would inform potential investors about the company. This is not the same thing as hyping a stock!! I know people will think I am wrong for making that comment but I am getting very sick of seeing other stocks that are not in an industry with anywhere near the potential of ACRO that trade at much higher levels and can support a decent price level due to the underlying demand. The pattern with this stock is when good news comes out the few loyal investors that hear about it buy the stock and the price goes up only to fall flat on its face after the initial demand wears off.The company better learn that they are doing a very poor job for their shareholders. They have an attitude that informing the public about the stock is hyping it. They think they need to wait until they are making millions of dollars to let anyone know what is going on. There is also an attitude that if P.R. is brought up it means that the investor just wants to pump and dump the stock. What they fail to realize is 1) loyal shareholders should be rewarded 2) a higher base makes it harder to be acquired at less than favorable terms 3)The competition is ruthless and is probably telling potential customers "ACRO is a joke, hardly anyone knows of them and their stock is a penny stock".A good P.R. firm will help the company in a number of ways. I will not sell this stock in the next few years no matter how "high" the price goes. However, if they keep making great progress and keep it a secret so the stock stays this "undervalued" maybe the wise thing to do would be to move on. Some of the bigger shareholders will say I am out of line or be patient but take a step back and look at the big picture. We are not being treated fairly. Two years from now you could still be saying how low the P/E ratio is and what a bargain the stock is. The time to hire the P.R. firm is right now and it better be a real good one!