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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dr. B. ® who wrote (11413)	8/19/2002 9:49:38 AM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

Re: AKLM, I think you are forgetting the seasonality of earnings and revenue for all the game manufacturers. Summer vacation and the Holidays are the biggest quarters by far. They are currently in their fiscal 4th quarter, ending Aug. and they are expected to earn 14 cents vs. 4 cents last year. In the Nov. quarter they are expected to report 25 cents vs. .21 last year. Besides with 30 cents a share in earnings already this Fiscal Year (starting last Sept. 1), they are currently worth at least $3.00 even if they were to miss earnings by 14 cents in Aug. And $3.90 if they do. Get the picture? I'd be concerned if the stock was still $5.00 but under $2-$3, just about any earnings miss is more than built into the stock. And if they hit their 14 cents earnings next month, I'd say the stock is really cheap. Do your own DD. Just don't foget about the seasonality.