GRIN (Grand Toys International Inc) Message Board

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Non-Tech : GRIN (Grand Toys International Inc)

GRIN 27.30

+1.1%

Dec 3 3:54 PM EST

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To: katmando who wrote (207)	7/13/1999 3:18:00 AM
From: Frank McVerry	of 495

kat, <<1. Bottom Line: Are we to expect that GRIN should be trading soon in the $6-12 range? >> Here's how I see it. About 1 year ago, the stock was trading in the $6 to $7.50 range - this was the price with sales of $10.3M for the the first two quarters, earnings of 13c diluted and a declining Canadian dollar to look forward to in the following months. Now we have a price below $5, sales of $20M plus (my estimate) for the first two quarters, earnings of 21c diluted for the first quarter only, with a gradually improving Canadian dollar for the year so far and with future order backlog at 'an all-time high' (quote from latest GRIN news).... enough said !! Frank

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