You said:
I believe ARCS is going to buy a controlling interest in a New Hampshire RF products company. Now is an opportune time; that company is available for a bargain. The target company makes receivers and amplifiers and brings a stronger base in the test equipment market. That company has $9 million in net tangible assets. They have positive EBITDA and a very healthy price-to-sales ratio. The combined company can take advantage of WIMAX CapEx increases and the target company needs the cash to gain market share in the many new products they are developing and releasing. The target company has a backlog that is at a record level. There are some other opportunities. I am just glad ARCS has so much cash and flexibility to acquire this company or another as the prices are cheap and the market is showing some recovery. There are a lot of cheap companies; I think they may be in talks with a competitor too. The purchase of the target I expect would put combined ARCS sales at $38 million per year. The acquisition should put the price of existing ARCS shareholders shares over $4/sh. Expect to hear an announcement over the next 1-2 months.
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1 more month to go.

hp