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Technology Stocks : ACCLAIM Entertainment

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To: Marc Newman who wrote (2621)	5/12/1999 7:23:00 PM
From: Tony Grier	Read Replies (1) of 4149

Nice break out today. RSI is only 51 so expect the run to last up to the 70 low 80's on rsi (historic resistance) before leveling off. Money flow has been very positive for 8 trading days or so. Expect new trading range about $8.85 to $9.25. Shorts still need some volume so they can cover unless they are against the box. In which case would be nix point. It would be nice to hear some comments on, are these shorts against the box, from someone in the know. It appears to me open shorts could easily get lit up and I would expect price to end up between $14 and $18. A leading game studio and marketer like aklm could easily go to 30 pe. That would be a huge move up. Some of the recent + money flow was my own. :)

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