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Technology Stocks : ACCLAIM Entertainment

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To: Vincent Le who wrote (2137)6/15/1998 8:35:00 PM
From: Lionheart  Read Replies (1) of 4149
 
Sold out!! I reported this on the Yahoo Board also, but for those that didn't see it, I went to Software, Etc. today (Babbage), they were sold out of ASB and it is on reorder. Forsaken for p.c. was also sold out and Jeremy McGrath is also selling well. I then went to Target, they were also sold out of ASB and the sales clerk also said it was on re-order, she was emphatic about how well it has sold! The television screen in that section was playing advertisements of games. I didn't study it for more than a couple of minutes but I saw ads for ASB, Forsaken and other Acclaim games. I was very impressed. I still haven't checked Toys R Us and some other stores, but I was excited to confirm what we have heard about sales. It isn't just a rumor. Acclaim should post some very healthy profits in the next year, and I am looking for earnings to beat estimates for the last quarter since all the titles were shipped in time and sales should reflect on the balance sheet, that is, initial sales. The reorders will of course make this quarter's profits very healthy as well, if not more and IMHO the estimate of .04 should be beat.
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