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Non-Tech : BNDCY - Bandai Co., Ltd.
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To: Kirk Pearson who wrote (5)4/24/1997 1:53:00 AM
From: Dennis Vail   of 225
 
Kirk,

I'll be sending you a check for 4 or 5 of the little critters shortly but they'll go to three seperate addresses (will include shipping costs accordingly.

Offhand,I'd say Bandai is an interesting turnaround candidate.There are 46,415,265 shares issued and for the year ending in 1996 net income was something like $97 million.I know this year they're going to take a loss and made some bad marketing move but the pottential is there.I wish I could find ANYTHING else about Bandai's fundamentals on the net.

The other problem,of course,is liquidity.Today volume was 1,200 (if I recall correctly)after two days with no trades at all.

Best regards,
Dennis
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