KIDE a good play to capitalize on Pokemon craze Message Board

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Non-Tech : KIDE a good play to capitalize on Pokemon craze

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To: Tony Grier who wrote (1214)	10/7/2000 11:07:35 AM
From: jgideon	Read Replies (1) of 1239

As of 6/30/00 KDE had 141.4 M is cash and short term equivalents. For the 13.07 M (diluted) shares, that comes to $10.82 per share. In Q2, the cash position went down from 211.9 M to 141.4 M. If that happened again this quarter, then they'd have about 71 M in cash at the end of Q3. That's about $5.40/sh. Last year the cash position improved from Q2 to Q3, going from 19.3 to 33.6. If it improved by that much this year, KDE would have about 155 M, or $11.80/sh. I've only just started following KDE again, so I haven't kept up with the information. Can someone provide info to indicate where the cash position is expected to be? The above scenarios probably bracket the possibilities. Either way, KDE has a large cash position, and this stock is selling for very cheap. Wall Street appears to be betting that management will just waste this cash hoard, and that they'll never get another license to approach the success of Pokemon. I don't know about giving it a 20 to 40 PE, at least based on current earnings. I think a 20 PE based on sustainable earnings is reasonable. Haven't done enough digging to estimate sustainable earnings level, yet. Would appreciate opinions. jg

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