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Technology Stocks : ACCLAIM Entertainment

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To: Gerry Schechter who wrote (2616)5/3/1999 1:12:00 PM
From: Marc Newman  Read Replies (1) of 4149
 
Gerry, there's some heavy buying of AKLM today. Looks like it was the final shakeout drop to 6 1/4 this morning, but we'll see. I'm hopeful that we'll move into the eights from E3 news.

TTWO has done well lately--I shudder at the thought of adding yet another videogame stock to my portfolio. I'm very heavy in THQ and AKLM already and trade in and out of EIDSY and MWY as well.

Like you said, none of these companies can hold a candle of THQ. Imagine if THQ actually released all its games when ready instead of managing earnings--we'd see some real blowout quarters.

Btw, do you know why AKLM is so light on the PSX? I know that competition is tough over there and that with some games, such as Turok 2, they wouldn't translate as well to PSX. But no South Park, etc.?

Marc
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