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Non-Tech : GRIN (Grand Toys International Inc) -- Ignore unavailable to you. Want to Upgrade?


To: Kevin McKenzie who wrote (221)8/4/1999 10:11:00 AM
From: katmando  Read Replies (1) | Respond to of 495
 
1. Your response was more informative than mine, which was "we are signing a Pokemon stationery licence as well as one for balls and kites." I view this as intent to complete a pending deal in the near term.

2. I like GRIN because they are:

a. Trim company with about 50 employees. They recently fired a deadbeat exec after 1 yr...likely without a golden parachute.
b. Run by a small group which has been in business for 30 yrs.
c. CFO answers my frequent, detailed e-mail. I post all of this immediately.
d. Turning around the company quickly.
e. Straight shooters...refuse to hype even tho sometimes I wish they would.


3. Yes, you can make a bunch if you are patient. On May 20th, the volume went to 300k while the price jumped from $4 to $8. I don't know why but think it was a sympathy play based on something in a related toy company.

4. Hang around the thread. Frank knows a lot more and gets constant info from various sources.

Good Luck!