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Technology Stocks : ACCLAIM Entertainment

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To: Gerry Schechter who wrote (2141)	6/16/1998 10:35:00 AM
From: Lionheart	Read Replies (1) of 4149

Profit so far is .13/share for last two quarters reported...Acclaim reported a profit of .15/share for the first quarter ending 11-97 and a loss of .02/share for the quarter ending 2-98. That makes a profit so far for this fiscal year of .13/share, not a loss. The forecast for the quarter that just ended is .03/share and the forecast for the last quarter ending 8-98 is .04/share. The company has given no notice that the estimate for the last quarter will not be met and I am looking for the .03 to be beat by .02 to .03 a share. That is IMHO. I think the street is still in a "Doubting Thomas" frame of mind until the next earnings report. If they meet or beat the estimates, we won't see Acclaim at these levels anymore.

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