Acer is set to hold an investor meeting on April 28 to explain its forecast for the second quarter of 2011, while announcing the successor of its ex-CEO Gianfranco Lanci in the hopes to bring back investor confidence.

Acer's stock price has dropped from a high of NT$99.4 (US$3.41) in the fourth quarter of 2010 to only NT$53 on April 18, a decrease over 46%. Despite the company already holding two investor conferences explaining its status after announcing the resignation of Lanci, market watchers remain concerned about Acer's future operation.

Although Acer has previously announced to buy back treasury stock at NT$55-100 in hoping to maintain the price level, it did not stop the market watchers from selling the stock, while Acer's foreign ownership of equity also dropped from about 52% by the end of March to only 42.28% on April 18.