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To: Johnny Canuck who wrote (40283)	10/1/2003 1:10:50 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70912

2:54PM Acclaim Entertainment prepays $5.0 mln loan to GMAC (AKLM, GM) by Ciara Linnane NEW YORK (CBS.MW) -- Acclaim Entertainment said it has prepaid a $5.0 million loan from its main lender, GMAC Commercial Finance. The Glen Cove, NY-based video game maker said it has repaid the sum out of its working capital. Acclaim shares rose 10 cents, or 12.7 percent, to 89 cents in afternoon trade. 1:43PM Deutsche reiterates 'buy' on Corning, $12 price target (GLW) by Ciara Linnane NEW YORK (CBS.MW) -- Shares of Corning (GLW) fell in afternoon trade, pulled down by the slump in the broader market following Sun Microsystem's (SUNW) shock profit warning, which overshadowed a positive note on the company from Deutsche Bank. Analysts Raj Srikanth and Alex Barros reiterated a "buy" rating on Corning, arguing that the company is at an inflection point in its recovery as its restructuring kicks in and its markets pick up. "Corning has made tremendous strides in the past 18 months, completing the painful restructuring, expanding its business outside telecom and dramatically realigning manufacturing capacity in all areas," the analysts told clients in a note. Deutsche is sticking with a $12 price target, equal to 30 times its 2005 estimated EPS of 42 cents. Corning was down 24 cents at $9.36. 10:38AM Alcoa falls more than 3% as UBS forecasts earnings miss (AA) by Ciara Linnane NEW YORK (CBS.MW) -- Alcoa (AA) shares slumped more than 3 percent in early trade after UBS forecast the aluminum giant will miss consensus estimates for the third quarter when it reports on Oct 7. "We believe that the combination of some seasonal weakness in certain market areas (such as automotive), strength in the Australian and Canadian dollars, and outage costs in Brazil could have constrained profits during the quarter," UBS analyst Daniel Brebner told clients in a note. Brebner is expecting weakness to be partially offset by cost cutting, particularly in the engineered products and other business segments. The analyst has a "reduce" rating on the stock. Alcoa was down 92 cents, or 3.4 percent, at $46.24.