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Technology Stocks : ACCLAIM Entertainment -- Ignore unavailable to you. Want to Upgrade?


To: Dan B. who wrote (2763)1/12/2000 4:04:00 AM
From: Bill Lin  Read Replies (2) | Respond to of 4149
 
HI guys!
hey I remember AKLM. I rode it from 7.5 to 2 to 12.

as I remember, aklm went to 2 because of inventory supply issues - over inventory of old games, and they had to refund a lot of inventory to retail. It almost put them under, except for emergency funding which diluted the hell out of the stock.

Now it is still a cartridge maker, noticing the 5% pc game which is about $5 million/qtr.

i think when the sony ps2 comes out aklm will do better because its a pure play cartridge maker.

until then, watchout!

i'll try buying in at 2 again. (when bargain hunting, look for the fantastic deal)

BL