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


To: Frederick Langford who wrote (2179)7/1/1998 1:05:00 PM
From: Gunther G. Smith  Respond to of 4149
 
Just sold some of my favorite stock (THQI) and bought some more AKLM today on the dip to 5 5/8. Anyway, here is a nice upgrade I thought you all may want to read:

NEW YORK, July 1 /PRNewswire/ -- Read the following articles exclusively at S&P Personal Wealth (
personalwealth.com ). Standard & Poor's is a division of the McGraw-Hill Companies:



"S&P Upgrades Acclaim Entertainment Shares to Accumulate"
personalwealth.com
Standard & Poor's upgraded shares of Acclaim Entertainment
(Nasdaq: AKLM - news) to accumulate from hold. Analyst Brian Goodstadt said the entertainment software publisher's third quarter earnings per
share of $0.09, up from a year-earlier per share loss of $1.40, were
well above expectations. He said AKLM is successfully broadening its
product line for different platforms and developing strong franchise
brand names. Goodstadt also raised his fiscal 1998 (Aug.) earnings
per share estimate for the company. Get unbiased opinions on stocks in
the news every trading day from S&P STARS Picks and Pans.