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

To: AreWeThereYet who wrote (2573)	2/16/1999 4:32:00 PM
From: Marc Newman	Respond to of 4149

Andy, I'm in again today too, right before the bell. Might be cheaper at some point this week, but I might not be watching (or even awake!) to see it. I think the company will earn .60 or .70 this year, and thus is a bargain at this price. One mitigating factor in terms of the dilution is that the company gets to stop paying interest on the convertible shares. Also, if the price stays this low, more options will be out of the money by the time earnings are reported. Moving the WWF games up to May as AKLM did recently is a smart move as it gives them a good six months to sell through. The THQ WCW competition should be winding down by then too. Btw, have you heard when ERTS will release its first WCW game? It would be good to know. Frankly, it was hard to buy AKLM late today instead of just piling more money into THQ, as the Rugrats news is wonderful. But I have so much THQ already. You know how it goes. Regards, Marc