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

To: Joe Btfsplk who wrote (3118)	6/28/2002 4:37:38 PM
From: Ms. Baby Boomer	Respond to of 4149

The Prudent Speculator... What are some of your current recommendations? ... Acclaim Entertainment: This game software publisher will benefit from the ongoing cocooning trend and recent price cuts in the Xbox and Sony and Nintendo game systems. We think that will fuel another big wave of purchases from consumers. Acclaim publishes titles like All-Star Baseball, NBA Jam, Jeremy McGrath's Supercross and a dinosaur adventure game brand called Turok, which has a new game coming out in September called Turok Evolution. The company is expecting earnings of 67 cents a share for fiscal 2003, which ends in August '03. And it's forecasting earnings of 80 cents a share for fiscal '04. The stock is trading around $4, a very low multiple to earnings estimates... The Ferret forbes.com