More Mortal than Kombat, Acclaim Entertainment
Acclaim isn't a pretty sight. It's been two years since the stock traded above $5, and you'd have to go back six years to the last time Acclaim changed hands in the double-digits. Between its heavy debt burden, bloody financials, and negative book value, Acclaim needs more than just a hit.
Then again, it's certainly not alone. Acclaim is joined in the cellar by other fallen software publishers: Eidos
For all that, it's a lucrative sector when done right. Market leader Electronic Arts
On the console side, a persistent Microsoft
This is in no way a fading industry. Just set aside the penny stocks like Acclaim and save those quarters for the arcade. The game is still going strong for those who know how to play.
Will Acclaim put on its game face or will it be the next to go under? What separates the winners from the losers in the field of video game publishing? Is Nintendo a fading platform? All this and more -- in the Video & PC Games discussion board. Only on Fool.com.
Rick may not be too encouraged by Acclaim's financials but that doesn't stop him from enjoying a game of Acclaim's All-Star Baseball with his son. He does not own any of the stocks mentioned in this story.