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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (4285)	5/4/1998 8:03:00 PM
From: Carole	Read Replies (1) of 29382

Amigos and Amigas Sure would like your thoughts on this one. A good TA friend of mine brought this up to me. There is an active thread on SI also for more in-depth details Subject 8658 Wrestling anyone? AKLM Acclaim Intertainment aklm.com Current Price 7 3/8 Look at that CHART! quote.yahoo.com Insider buying in Mar 98 7 Insiders purchased 247,500 shares @ $4.06. total $ 1,004,850 ( Lots of insider selling in 1997, but largest amount was 60,000 shares) Business Summary AKLM is a publisher, developer and marketer of interactive entertainment software. AKLM also engages in the development and publication of comic books, distribution of software titles and coin-operated games. For the six months ended 2/98, revenues rose 53% to $161.6 million. Net income totaled $6.8 million vs. a loss of $35.8 million. Results reflect higher sales volume in Nintendo's 64-bit platform (N64) software and higher unit selling prices of the Company's software. Believe it or not, wrestling is in vogue again and they have a beta version of an interactive game of wrestling that the testers are crazy about. Is this another RADAF? Carole

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