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

To: Kenan who wrote (2066)	5/6/1998 9:57:00 PM
From: AreWeThereYet	Read Replies (1) \| Respond to of 4149

>> Cost of revenues (buying of inventory), was only 47.9% of revenues this year as compared to 53.1% of revenues last year. But the BIG improvement was in operating expenses. 52.1% of revenues were used to pay for operating expenses (advertising, payroll, depreciation, research and development) this quarter while 80.2 % of last year's quarter's revenues were used to pay for operating expenses. This is an outstanding improvement in cost control. << Wow, you called it "outstnading improvement" in cost control??? The improvment in GM and Op.Expense is mainly due to revenue expansion. If you compare AKLM to the industry, you will find out that AKLM OperationExpense/Revenue is on the very high side. GM is inline with its peer. Notice that even with this high revenue, AKLM failed to make a profit. Hopefully the man-power free from the Coin-op division will improve production... I am semi-long on AKLM too. aC