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Technology Stocks : ACCLAIM Entertainment

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To: Dan B. who wrote (2769)1/12/2000 2:48:00 PM
From: BlueCheap  Read Replies (1) of 4149
 
A Savvy Investor posted this on RB and I AGREE 100%

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 ?
**************************************************************
I Bought More this AM at $3.53 after seeing the Buying support come in at that level.

These are the thoughts of another and they AGREE with MY Percptions and thoughts.

Malcolm
BlueCheap
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