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


To: Bob Howarth who wrote (2104)6/1/1998 6:00:00 PM
From: Donald Isenhower  Read Replies (1) | Respond to of 4149
 
Reasons for drop today? According to a Dow Jones Newswires article by Dwight Oestricher (June 1, 1998), Acclaim stated at E3 that Forsaken was off to a slow start, but that Fischbach is comfortable with sales. He is also quoted as being happy with current estimates of earnings (.03 for 3Q by First Call). But he also apparently stated that AKLM might come in on the low end of the revenue estimates for 3Q of $75-85 MM. So this is the only news I can find, which sure seems like not enough to cause such a large drop in AKLM today, but AKLM prices are made for those who love wild rides anyway........

(sorry but I can't copy the entire article and post it)
Donald