GRIN (Grand Toys International Inc) Message Board

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Non-Tech : GRIN (Grand Toys International Inc)

GRIN 27.01

0.0%

Dec 2 3:59 PM EST

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To: Frank McVerry who wrote (446)	11/10/1999 8:06:00 AM
From: Dako	of 495

Frank: You obviously take your job on this board very seriously, but I'm going to heart of the matter for you. This is a)Canadian and b)a toy company. Based on any "normalized" valuation, it would be trading in half of its current price. The move is entirely due to the Pokemon phenomenon, in which GRIN has virtually no participation compared to its revenue base. It will get virtually no Christmas kick as shipments of its Pokemon trinkets are presently tiny. The company was honest enough to tell you that in its release. Even if the mentally disenfranchised were not aware of the above, it should be understood that the further we get past the movie and the closer we get to Christmas, the lower "Pokemon" stocks will trade. It's called the discounting process of emotional fad investing. Once KIDE starts rolling over, GRIN will get the opportunity to find its fundamental value. That's in the single digits. Regards, Dako

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