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Non-Tech : BNDCY - Bandai Co., Ltd.
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To: Cisco who wrote (184)9/23/1997 12:01:00 PM
From: Kirk Pearson   of 225
 
Hi Cisco,

Thanks for the good research. Your analysis sounds right to me. I think we all knew that Bandai was not a strong company over the last few years (a lot of toy companies only have success occasionally or in cycles, so that is to be expected). Let's hope the Tamagotchi sales extend past Christmas and show improved earnings for Bandai once they get past the Pippin losses/writeoffs. I think they bet heavily on Pippin and lost big. They are going to need another hit besides Tamagotchi to start looking strong again.

At least now we know what is holding down the ADR price.

Kirk
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