HAS - take another look at HAS. I just skimmed through the 1000 page 10K and they make just about any toy you can name. I mean EVERYTHING.... pretty impressive. Revs, earnings and assets are up, and there is big stuff on the horizon....
Check it out:
"In 1999, the Company will be launching a comprehensive range of action figures and accessories using characters associated with Lucasfilms' STAR WARS: EPISODE 1: THE PHANTOM MENACE as well as the G.I. JOE CLASSIC COLLECTION, celebrating the 35th birthday of this great American hero, ANIMORPHS TRANSFORMERS, a line of NASCAR MICRO MACHINES and an extensive line of POKEMON toys and collectibles."
Pokemon in itself is kinda signifigant, but Star Wars?????
Also:
"The new PBS television show, TELETUBBIES, inspired a line of products featuring the lovable quartet of TINKY WINKY, DIPSY, LALA and PO. Included on a list of many new products being introduced during 1999 are the PLAYSKOOL KICK START GYM, SING 'N STRUM BARNEY and TELETUBBIES TUMMY SURPRISE plush dolls."
As repugnant as they are, the Teletubbies are still hugely successful.
With earnings per share of $1.04, and the merchandising for what will likely be the biggest grossing motion picture of all time, I'd say now is the time to buy (or soon). The only negative I see here is that it is near the 52 week high, but a look at the chart shows it moving pretty steadily upward (since Oct) - I see no reason for this trend to reverse just yet...
(from a Squirrel post...)
MG |