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To: DJB who wrote (2673)10/1/1999 9:22:00 PM
From: D. Miller  Read Replies (2) | Respond to of 4149
 
The SNE buyout rumors hit last week, the rumor came from jagnotes.com and was bounced through the daytrading channels most the day.

The TLC came in yesterday, actualy got a link for that one.
fgnonline.com

And the Mattel stuff more rumor, but I heard TLC is a division of Mattel.

+ Dan Dorfman mentioned someone is looking at AKLM.

+ They just brought in the new CFO and the press release stated "His duties will encompass all internal financial functions as well as Acclaim's stepped up activities in the mergers and acquisitions arena" biz.yahoo.com

Chat rooms are all the buzz too.

Lots of straws but almost enough to built something from. Anyway you look at it there is a chance something is going on, theres just to many different sources with the same theme.

But that is not why AKLM is my 2nd largest holding. I have been long AKLM since Mar. AKLM has a solid lineup, and is a great holiday play. I see $15 by Jan on its own merits. Throw a buyout in there and were $17-20.

Then again if you look at the charts, AKLM typically makes good moves ~20% before earnings, which is now 13 days away and counting.

I think its a combination of both earnings and possible buyout.



To: DJB who wrote (2673)10/2/1999 1:36:00 AM
From: mark cox  Read Replies (2) | Respond to of 4149
 
This is one source of the buyout talk.

NEW YORK, Oct. 1, 1999 1:00 p.m. ET (JagNotes.com)

Mattel Eyeing Acclaim Entertainment; Is Mattel's Board Ready to Boot Jill Barad?

Don?t be surprised if Barbie turns into a video game nut.

Talk is circulating in toy and game circles that Barbie?s parent, Mattel (MAT), the country?s biggest toy maker, is exploring the idea of acquiring Acclaim Entertainment (AKLM), a leading manufacturer of home video game software.

The idea here, so the story goes, would be to combine Acclaim with The Learning Co., the world?s second largest consumer software company after Microsoft. Mattel acquired The Learning Co. in May in a transaction valued at $3.8 billion.

Giving credence to a Mattel-Acclaim deal, Tony Bordon, president of The Learning Co.?s international division, told game media, including FGN (Fastest Game News) Online that Acclaim "is of interest to us."

He further told the e-zine that TLC, a big player in the children's software market, now wishes to expand into the mainstream. TLC has already acquired Mindscape, producer of the Circuit Breakers and Prince of Persia 3D video games, and Bordon said, "We either have to take over another operation in the games market or expand our product range by strategic partnerships."

In effect, Bordon is confirming Mattel's interest in acquiring Acclaim Entertainment.

Bordon could not be reached, and both Mattel and Acclaim declined comment.

Acclaim, so I'm told, would be amenable to a deal at around $15 a share, or about $820 million.

Such a buyout price would be roughly double its current level of 7 5/8 ...


jagnotes.com

Everyone ready for a possible quick double from here?

Mark