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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Bruce A. Brotnov who wrote (4856)	6/24/1999 4:00:00 PM
From: ST Trader	Read Replies (1) of 6445

Here is some info for us JAKK holders!! June 24, 1999 Southwest Securities, Inc. Arvind Bhatia Institutional Sales: 800-404-2226 (214) 859-9484 Trading: 800-922-7739 Jakks Pacific (JAKK - NASDAQ) Rating: BUY Last Close (06/23/99): $27 1/4 (FY 12/31) 1Q 2Q 3Q 4Q FY P/E FY97A $0.05 $0.09 $0.29 $0.11 $0.52 52.4x FY98A $0.08 $0.14 $0.45 $0.21 $0.89 30.6x FY99E $0.25A $0.24 $0.59 $0.27 $1.35 20.2x FY 00E $1.86 14.7x Projected 3-Year Growth Rate 30% JAKK - Raising Q2 99 and FY 99 EPS Estimates We believe that Jakk's second quarter business continues to be strong across all product categories. Wrestling actions figures including the new line of "Sweat Wrestlers" has had excellent sell-through at retail stores. The Wheels category (Road Champs and Remco) as well as the pre-school category (Child Guidance) also continue to grow rapidly. We expect second quarter results to be announced on July 27th. To reflect the strong business trends, we are raising our fiscal second quarter (ending June 30, 1999) earnings per shares estimates by $0.02, from $0.22 to $0.24. In addition, we are also raising our fiscal fourth quarter estimates by $0.11 from $0.16 to $0.27 to reflect the net income contribution from the company's joint venture with THQI, Inc. Management expects to ship wrestling video games under the WWF license beginning November. These games will be under the Nintendo 64 and Game Boy platforms for 1999 and plans are to launch a game under Sony's Play-station in fiscal year 2000. To reflect higher EPS expectations for the second and fourth quarters 1999, we are raising our FY 1999 EPS estimate by $0.13, from $1.22 to $1.35

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