NewKidCo International (OTC:NKCIF) (TSE:NKC) Message Board

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

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To: esecurities(tm) who wrote (3974)	5/5/2000 10:31:00 AM
From: esecurities(tm)	Read Replies (1) of 4231

[05-05-00 10:00 AM ET] NKCIF SHARES DOWN $0.218 (11.1%) TO $1.75 LAST TRADE AND 1 11/16 BID ON 38,100 SHARES VOL SHORTLY AFTER OPENING BELL AS NEWKIDCO BLINDSIDES THE STREET AND SHAREHOLDERS WITH NEWS OF AN APPARENT EMERGENCY [CONVERTIBLE] FUNDING/DILUTION AT HISTORICALLY DEPRESSED CONVERSION PRICES AND DISCLOSURE THAT MATTEL&reg INTERACTIVE, NEWKIDCOs EXCLUSIVE [WORLDWIDE] DISTRIBUTION ARM, IS BEING TREATED AS A DISCONTINUED OPERATION BY MATTEL&reg IN ITS FINANCIAL STATEMENTS EFFECTIVE 31 MARCH 2000 WHEREIN NEWKIDCO IS NOW EVALUATING A NUMBER OF [DOMESTIC] DISTRIBUTION ALTERNATIVES...SIGNIFICANTLY AND CONSPICUOUSLY NEITHER RABINS, CEO NOR SCHNEIDER, CFO WERE QUOTED IN THIS MORNINGs AND LATE WEEK BLINDSIDING NEWS RELEASE DISTANCING THEMSELVES FROM TODAYS CONTINUING PATTERN OF SHAREHOLDER VALUE DESTRUCTION, WHICH WENT ON TO DISCLOSE THAT NEWKIDCO IS STILL IN NEED OF APPX. US $10,000,000... (WallStreetRadio.com Newswires(tm)).

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