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Non-Tech : Play-by-Play Toys and Novelties (pbyp)

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To: Land Shark who wrote (51)9/4/1999 8:24:00 PM
From: Israel  Read Replies (1) of 132
 
With Play-By-Play's stock price and trading volume so high, some analysts believe that investors may not know exactly what they're buying.

For example, Play-By-Play is limited to distributing its Pokemon toys to theme parks, carnivals and arcades - cutting it off from retailers like Wal-Mart. The toys will mainly be used as game prizes. And the earliest the company can start shipping the products is April 2000.


.... ouch.. the one bad thing about this play is that i cannot find enough shares to short.. tried borrowing shares through several different clearing houses.. was able to get a few shares, but by the time I did.. PBYP had already fallen from 3/4 to 7 1/8.. but given this puppy will probably be back under $3 in a few weeks, 7 1/8 doesnt seem so bad i guess :)

Happy trading,
Israel..
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