GRIN (Grand Toys International Inc) Message Board

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Non-Tech : GRIN (Grand Toys International Inc)

GRIN 27.40

0.0%

Dec 5 9:30 AM EST

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To: Frank McVerry who wrote (192)	6/14/1999 3:22:00 PM
From: Frank McVerry	Read Replies (1) of 495

GRIN latest news. PART 1 I've been talking to Ron Goldenberg, CFO at GRIN. We covered a lot of ground, so I'm presenting the info in two parts. * Sales: These have continued to be strong through this quarter. Furby continues to be a good seller. * ecommerce: They have received presentations from several sources. Although he thinks it would be expensive to do this properly, nevertheless, these ideas will be put to the GRIN Board for due consideration. * ARK: I asked about the Titanic model which was in production before the GRIN takeover. ARK was unable to meet the high demand for this toy which explains Amazon's lack of availability. The model is still produced but he feels the 'window' for big sales in this has passed with the movie. It is the kind of thing they have in mind for future products and has a BIG profit margin. * ToysRUs: experiencing some improvement in the level of business with TOY. * Canadian Dollar: He feels this is stronger and so far, behaving well this year. Watch-out for part 2, where I cover some news on Furby, some guidance on earnings and ... a new license. Frank

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