To: art slott who wrote (36 ) 9/3/1999 9:45:00 PM From: A@P Trader Respond to of 132
FROM BUS WIRE! NEWTON, N.J.--(BUSINESS WIRE)--Sept. 3, 1999-- TheTruthseeker.com Initiates Coverage On Play-By-Play Toys & Novelties, Sell and Short Recommendation at 7 1/2.! Today On Sept 3, 1999 The Truthseeker.com initiated an immediate Sell and Short Recommendation at 7 1/2. on Play By Play Toys and Novelties (NASDAQ:PBYP) and issued the following to its members. On Sept 2, 1999 announced it was awarded rights to design, make and distribute toys and other items featuring Pokemon, Nintendo CO's popular video game. The Truthseeker.com believes Pokemon toys are a Fad One Time Product that will go the way of the Cabbage Patch Doll, Pet Rocks, Ninja Turtles and Bell Bottom Jeans. The Pokemon craze may wear off long before the Holidays where the only place to find such items is inlocal Flea Markets. Play By play announced a Pokemon license agreement, that will offer no revenues for up to on year according to Analyst Jeff Dabbs, of Kerchville & Co., in an interview with Bloomberg. Additional Facts to consider PBYP has defaulted on it's $31,000,000 in Senior 8% subordinated Debt. Any attempt or success at restructuring this debt would result in massive dilution and crush current shareholder value. We are advising the public and our members to sell their shares immediately The President, Francisco Moya of the European SA division resigned on August 25, 1999 according to an 8-k Filed with the SEC on Aug 30, 1999 just 4 days ago. This Company will be forced to Dilute current Shareholders by up to 85% in order to remain in business. It is our Firm Belief that Play By Play Toys is in jeopardy of being forced into Bankruptcy. In addition we believe that Insiders have used this immaterial news announcement to sell their own stock. TheTruthseeker.com is an Interactive Online Magazine and E-mail service site. TheTruthseeker.com issues Truthseeker Reports on a weekly basis. Some of the past reports by The Truthseeker include USATalks.com (USAT) Citron (CTRN), NET COMMAND TECH INC (NCDR) and 2TheMart.com (TMRT). The Truthseeker Reports are sent to our contacts at the SEC after being released to our members. The newest report is only available to site members. Only archived reports are available to the public. To learn more about membership benefits, and how to sign up, visit us below: For additional info, please visit us at:thetruthseeker.com --30--tia/ny* CONTACT: TheTruthseeker.com, Newton