Racing Champions (RACN) Message Board

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Non-Tech : Racing Champions (RACN)

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To: Acunna_matata who wrote ()	6/23/1999 11:08:00 PM
From: kendall harmon	Read Replies (2) of 100

RACN: From Pain_Gain139 on the YAhoo thread Read the release again and do a simple calculation. There was no loss if the acquisition was excluded. This is a good company with great products and huge market. the company has a nice historical record in terms of its performance. Check out its profile, do you agree such a lovely company should suffered capital punishment? Give me break! If this stock won't back to $11 in two weeks or one month I will give my MBA degree back to my professor! Racing Champions Corporation produces and markets die-cast racing replicas sold at more than 20,000 North American retail outlets. For the three months ended 3/31/99, net sales increased 23% to $35.3 million. Net income rose 64% to $2.8 million. Net sales reflect an increase in sales of collectible die-cast replicas. Net income reflects a decrease in selling, general and administrative expenses as a percentage of net sales.

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