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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: jim geis who wrote (3533)9/20/1999 8:25:00 PM
From: Director  Read Replies (1) of 4231
 
>>Is this based on a hope and a prayer...
or do you have some news?<<

Yes.

Seriously though, it doesn't take a genius to see where this stock is going. Look at ALL video game stocks right now. All of the companies that I am tracking (Similar products to NewKidCo) are at or nearing their 52 week highs... THQI is the stand out leader right now, and if you look at their most successful games (Rugrats,etc.), you will see that my confidence in NKCIF is not based on hope, prayer, or recent news... but is based on a well thought out investment in a very undervalued company. Do you realize what kind of money NewKidCo could be making next year?
BTW, your concern that Mattel may want to keep NKCIF's stock price low is not realistic... if a company as big as Mattel wants to acquire a company as small as NewKidCo, their stock price is not the main factor, their future earnings contribution is... so whether NKCIF is $2.5 or $25 per share is not something Mattel is worried about controlling right now.
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