GRIN (Grand Toys International Inc) Message Board

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Non-Tech : GRIN (Grand Toys International Inc)

GRIN 27.22

+0.8%

11:50 AM EST

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To: Frank McVerry who wrote (466)	11/22/1999 9:45:00 AM
From: Kevin Podsiadlik	Read Replies (1) of 495

Nope, no 'smoke and mirrors' involved -they're worth $8M more. You're mixing up my points. You're answering my response to your first part as if I were responding to your second part. Still, how good a sign can it be when receipts from sales of options dwarf profits from sales of actual product? One more try at clearing this up: what is the TOTAL inflow GRIN can receive from the options in question, $11 million or $19 million? If the former, then $8 million has already been accounted from in the latest 10-Q and there is no way for them to receive an additional $8M-$11M because there simply isn't enough left. If the latter, then I'd suggest you should have said as much to avoid this confusion. The Furby bit was just a bit of wondering over why the stock seems to be living and dying with Pokemon these days and totally ignoring Furby. I find that strange, given that the Furby license is supposed to be an order of magnitude board than the Pokemon license, which is limited to rather minor items.

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