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

To: Bob Howarth who wrote (2133)	6/14/1998 10:59:00 AM
From: Gerry Schechter	Read Replies (2) \| Respond to of 4149

Bob-from some other bulletin boards it appears that Acclaim may have settled a lawsuit and had to give warrants up to buy 1,000,000 shares at $3.5-I can't guarantee this info but it seems that either the response at the E3 show or the loss of the Wrestling contract would not account for a 40% drop from the $8 recent highs-I just purchased the ASB cartridge and am very impressed with it -to the point that the stories of of the reorders ring true-the rumor is that Toys are us has reordered 113,000 units-there is a much more active thread at Yahoo-let me know if you need the URL. In any case I feel once the block is gone the stock should recover at least to the 6.50-7 level-If you stop and think about it, there really have not been any major hits since football last year-With ASB and Turok2 and the new football cartridge coming in the next few months, times should get better- Gerry