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Technology Stocks : ACCLAIM Entertainment

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To: Oleg Sogolov who wrote (2004)4/6/1998 6:24:00 PM
From: JOHN JIANG  Read Replies (1) of 4149
 
Good news and bad news.

Good news:
Loss was decreased. A difference of $-.03.

Bad news:

Q2 revenue was ~30 millions lower than Q1. Acclaim used to have about the same revenue in Q1 and Q2 when Acclaim was normal (1992 - 1995). The reason was Acclaim still relied on Turok and QBC. Riven and NHL B yielded very small contribution (in other words, failed). Acclaim would have reported a loss of ~$0.60 if the operation expanse were the same as that of Q1. Don't know how analysts will explain the situation.

I don't know if AKLM will go higher or lower tomorrow. But the momentum for up seems very weak compared to the momentum for profits taking.

Good luck to all.

JJ
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