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Technology Stocks : ACCLAIM Entertainment

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To: Frederick Langford who wrote (2177)7/1/1998 11:55:00 AM
From: Gerry Schechter  Read Replies (1) of 4149
 
If anyone wants to hear the conference with Aklm management call 1 800-388-8975 and request #30-I only heard about 20 minutes of it-it was fairly upbeat(with the past quarter why shouldn't it be?) -they did think they would have a shot to have Southpark out by xmas-could not guarantee it though-also they are just starting beta testing on QFC2 and expect it to be on this current quarter-there is a possible they could miss this quarter though if beta testing is protracted-they expected higher expenses in this current quarter, primarily from additional royalties-as I recall they predicted revenues of $75m-85m and earning of $.03-05 per share-hope they blow those away like they did the past quarters. They are predicting the same sales for QFC2 as QFC1-one of the analysts talked about selling 2,000,000 units which Aklm acknowledged they hoped for but would not predict- If the game is much better than last years, with the new $129 price point for N64 systems, and with a release at the beginning of the football season, I think that 1,500,000 units is a real possibility-but again this is based on QFC having significant enhancements over QFC1-otherwise they would have a lot of purchasers of the fist game buying the second-anyway thats my two bits-Gerry
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