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Technology Stocks : ACCLAIM Entertainment

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To: P314159d who wrote (2779)1/18/2000 2:38:00 AM
From: Henry Hayashi  Read Replies (1) of 4149
 
>>So do you dump here at 3+?<<

That's the big question. Is this the bottom? I don't know. I thought it bottomed at $5. Shows you what I know. But I will say that $5 would have held had they not blind-sided everyone with those disastrous numbers.

Unfortunately, AKLM has a long history of mismanagement and missed opportunities. They had a chance to regain credibility among investors--but blew it big-time once again.

They are basically a rudderless boat at the moment. Their upcoming games are nothing to get excited about, so I'm staying away.

This could easily stay at these levels for a long time. There are simply much better plays: THQI--TTWO being the best by far.

Best of luck.

Henry
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