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Non-Tech : JAKKS Pacific (JAKK)
JAKK 17.00-5.1%Oct 31 9:30 AM EDT

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To: Ajay Aggarwal who wrote (329)5/25/2000 2:45:00 AM
From: Marc Newman  Read Replies (1) of 371
 
DLJ has good info on the acquisition.

<<The deal is expected to close in
August. The acquisition will enable JAKKS to expand distribution beyond traditional toy retailers,
with an evergreen product that has major distribution in calendar Q2, which is JAKK's slowest
quarter. ith the deal expected to close in August, revenue impact for the year will be minimal. We
anticipate $5 million in Q3 and $10 million in Q4. Sales will be earnings neutral for FY00. For
FY01, we are raising revenues by $45 million, as we anticipate that JAKKS will close some
underperforming divisions reflecting revenues below Pentech's current run rate.>>

Btw, if there's any THQ-induced weakness it is time to scoop up JAKK. Wrestling video games are not THQ's problem.

Btw, the JV release of WWF Smackdown is #1 in the UK for the sixth week in a row.

Marc
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