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Technology Stocks : ACCLAIM Entertainment

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To: Henry Hayashi who wrote (2765)1/12/2000 10:07:00 AM
From: Amadeo Mendez-Vigo   of 4149
 
Interesting posting from "The Rageing Bulls" board

By: john11
Reply To: None Tuesday, 11 Jan 2000 at 6:46 PM EST
Post # of 599


Investor or dreamer ?

For the dreamers that only look at one figue... EPS ...
Yes, they only have 1 cent this quarter. But for the investors who care to look a little deeper....

1 Gross Profits for the quarter are up 7 mil ... from 54.3 to 61.1 mil
2 Accounts Receivable are down by 1.5 Mil... meaning collection on invoices has improved
3. Inventory is down by 4.3 million ... meaning better control
4. Total Liabilities are down by 3.8 Mil .... meaning a reduction of debt
5. the 6 mil royality shift for WWF is incured this quarter ... meaning they don't have to pay it again next quarter
6. The company is down to its last 78 mil in cash

The main question is .... Do we have a $ 40 stock selling for $ 5 .. or .. a $ 5.00 Stock making a profit and valued at 8 times earnings ? When the lights turn on in the morning , there will be panic sellers ... the group hoping to get rich over-night . However the investors will look beyond the sunset and beyond the bashers.

I'm in at 4.75 and I will have a 100% gain within 12 months. If you doubt me , then keep checking back here from time to time. I sold Jan 5 covered calls ( KKQ AA ) today at 7/16 .... meaning I now have a 4 5/16 average.

john11 ... OF
Disclaimer: the above is not intended to seperate you and your money. You get whgat you pay for and this is free.
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