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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (35088)	11/9/2001 8:43:04 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 67946

15:10 ET Acclaim (AKLM) 5.42 +0.27 (+5.2%): While a number of the video game makers appear to be losing steam following big ramp into Xbox launch, AKLM is making an assault on its $5.50 one-yr high set in June. Today's advance occuring on volume of 1.25 mln, or 1.6x avg. daily turnover. AKLM shares are coming off an Oct 25 upgrade by UBS Warburg to Buy from Hold based on valuation, increased confidence in estimates, and improved balance sheet; called AKLM a way to play the video game cycle at a P/E multiple that is much lower than peer group. Forward P/Es 13.9 and 10.4.