GRIN (Grand Toys International Inc) Message Board

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Non-Tech : GRIN (Grand Toys International Inc)

GRIN 27.40

0.0%

3:53 PM EST

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To: kami who wrote (271)	8/24/1999 9:45:00 PM
From: speedbot	Read Replies (1) of 495

Yahoo finance lists the float as 300k. biz.yahoo.com Briefing referenced the float in this story. Story Stocks 23-Aug-99 13:50 ET Furby Who? : Beanie Babies and Furby are out. Pokemon is the new king of the hill in the toy aisle. But even hotter than Pokemon products have been the stocks of two obscure companies which have inked deals to license items based on the popular Nintendo game and television series -- Grand Toys International (GRIN 9 15/16 +2 13/16) and 4 Kids Entertainment (KIDE 67 7/8 +6 13/16)... Shares of Quebec, Canada-based GRIN have now more than doubled in the three weeks since company announced licensing agreement with Nintendo Co. Ltd. to manufacture and distribute a line of products in Canada based on Pokemon. But New York City-based KIDE has been the biggest beneficiary of the Pokemon phenomenon, on both a financial and share price basis. In what has traditionally been the company's slowest quarter of the year (June), 4 Kids Entertainment recently posted a sequential revenue gain of 69% and a yr/yr improvement of 151%. Net income soared almost 1600% from the year-ago qtr... According to 4 Kids Entertainment, the Pokemon CD is No. 1 on Billboard's Children's Music Chart, the "The Official Pokemon Handbook" is in the top 5 of USA Today's best selling paperback titles, Pokeman videos hold the the No. 3, No. 4 and No. 10 best selling positions in all home video sales and Pokemon television series continues to hold the No. 1 position among kids shows... KIDE shares have rocketed 827% on a year-to-date basis and added 30 points or 81% in the month of August alone... Both issues benefit from extremely small floats, KIDE 2.4 mln shares and GRIN just 0.3 mln shares. - DS Track Data also lists the float at 300,000. s

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