Technology Stocks : ACCLAIM Entertainment


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To: Tim Davies who wrote (3736)10/8/2002 9:26:09 AM
From: david jamesRead Replies (1) of 4149
 
I think September TRST numbers are going to surprise a few people. I am guessing that TRST numbers will be at least 80% higher than August numbers. After the warning, my guess is that a lot of people thought sales were poor, when in reality they are very strong - but just less than management's expectation. Wouldn't be surprised to see a pop when they come out.

Also, if management had been itching to pick up some cheap shares, then they need to wait until after the CC. My guess is that there is a bit of buying in anticipation of that possibility. With the "going concern" bit removed, and even more cash in the bank as well, the chance of a stock buy-back improve as well.
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