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Technology Stocks : ACCLAIM Entertainment
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To: Altaf Amin Jadavji who wrote (2173)6/30/1998 1:26:00 PM
From: CuttotheCore  Read Replies (1) of 4149
 
Good reference post. I copied just to post it to remind me what to expect. Of course, just when the dynamics gets imprinted, the mkt will find a way to change it. However, recollection was the tumble was from 8 to 5 or >35%. Would have liked to see gapup and hold above 6.25.
Near term doesn't seem to be ready to climb that 6.25 barrier just yet, would hope for a base around 5.75 with an expected range corresponding to the March 9 gapup. Monthly game performance could provide impetus (push) north. Tough season for the upside. As the article portrays (next earnings), w/ continuing mktplace performance of the games the story will probably unfold Sept. Since I am long have no problem with expedited schedule. All imo. stx79
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