Jeff, in that post Jonathan Labed said he was part of a group. I do not think he was smart enough to write his own profiles and had help. He also created the board and had the first post which was this one.
ragingbull.lycos.com
Fotoball USA (FUSA) Message List Raging Portfolios - Track your stocks here
By: Lebed316 $$$
Reply To: None $ Tuesday, 4 Aug 1998 at 9:56 AM EDT
Post # of 82
Company Profile:
Fotoball USA, Inc
OTC BB: FUSA
President/CEO: Michael Favish
CFO/CAO/Exec VP-Fin/Treas: David G. Forster
3738 Ruffin Road
San Diego, CA 92123
(619) 467-9900
Current Price: Bid-$2 9/16 Ask-$2 11/16
52 Week Trading Range: $1 - $3 3/8 (peaked $10 a couple of years ago)
1998 Estimated EPS: $0.20
1999 Estimated EPS: $0.40
Current Shares Outstanding: 2.7MM
Current Float: 2MM (actually, only 600K is available to trade)
Our 6-12 month outlook: $8
About Fotoball USA, Inc:
Fotoball USA designs, develops and manufactures high quality custom sports products which are sold in the licensed product retail market through a nationwide network of over 2,000 retailers including WalMart, J.C. Penney, Kmart, Target, Sears, Ames, Gart Bros. and The Sports Authority. Additionally, the Company provides custom sports and non-sports related products for corporate promotions and non-licensed specialty sports products to corporations for resale, including sales to amusement parks and entertainment related companies. The Company currently holds licenses with NHL
Enterprises, National Hockey League Players Association, Major League Baseball Properties and Major League Baseball Players Association, National Football League Properties and NFL Players Inc., and over 300 NCAA colleges. Additional Stores recently signed with include...Disney, Six Flags, and Toys-R-US.
FUSA has had trouble in the past, but 1998 is starting to become their turn around year. They have once again become profitable, and made $0.06 eps in the first half of this year. FUSA is not the type of company that will make projections on their earnings, and hype themselves. However, at the beginning of the year...they did state that 1998 will be a profitable year with strength from quarter to quarter...which is proving to be true.
The Company has two major businesses...the retail side, and the promotional side. On the retail side, they sell their products to many of the major retail chains, which were mentioned earlier. On the promotional side, they make special products for their major customers such as McDonalds.
Fotoball competes against all of the other well-known companies in the sporting good industry. The difference between them is, Fotoball has capitalized on markets which their competitors never even thought of. They are able to get into an area of a hot topic, within hours. FUSA is likely the most highly innovated company in the entire industry.
FUSA has recently reached an agreement with National Football League Properties (``NFLP'') pursuant to which the Company will be granted a license to imprint the logos of NFL teams, and league marks on both mini footballs and full-size limited edition team, player and commemorative footballs on genuine antique leather and synthetic leather. The Company has also received licensing rights from most of it's 350 licensed NCAA universities to sell full-size souvenir footballs featuring the logos of NCAA universities.
In addition to that they have reached an agreement with Nickelodeon and MTV Networks (``MTVN'') pursuant to which the Company will be granted a license to use MTVN's ``Rugrats'' and ``The Rugrat Movie'' properties in outdoor sports toys. The Rugrats are the number one rated kids television show. The Rugrat movie will be out in November of this year, and initial sales of Rugrats products by other companies, have been very successful.
Links:
FUSA Homepage:
fotoball.com
The President of Fotoball was recently interviewed on the Stock Line Real Audio show.
This can be heard at:
stnn.com
Also, the day after we started looking at FUSA, Small Cap Investor made it their stock of the month.
Their company profile can be read at:
smallcapinvestor.com |
