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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (18508)	1/12/2000 12:46:00 PM
From: BANCHEE	Respond to of 57584

Rande AKLM....At todays price, I pick up some for a hold.. Here is some info.... Banchee Wednesday January 12, 10:45 am Eastern Time RESEARCH ALERT - Acclaim estimate lowered NEW YORK, Jan 12 (Reuters) - Warburg Dillon Read said on Wednesday that it lowered its earnings per share estimate on Acclaim Entertainment Inc. (NasdaqNM:AKLM - news) to $0.57 from $0.66. -- Acclaim posted first-quarter 2000 earnings per share of $0.01 on revenues of $101.2 million on Tuesday, ''below our $0.18 and $115.0 million estimates, respectively,'' Warburg said. -- says lowering estimate to account for the shortfall in the quarter and lower anticipated sales of the company's products for Nintendo Co. Ltd.'s Nintendo 64. -- says ''While we do not see much downside to the stock at current levels, we would continue to wait on the sidelines for more concrete signs of progress in the execution of its business plans.'' -- says that the company is probably an acquisition candidate for someone looking for a cheap way to get product and development talent. -- shares of Acclaim opened off 31/32 to 3-3/4 on the New York Stock Exchange. Message 12548395 biz.yahoo.com Message 12546504 quote.yahoo.com