Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Frank McVerry who wrote (391)	9/13/1999 8:49:00 PM
From: genejockey	Respond to of 495

GRIN is toast when word of the insider sales info gets out. Since it's not showing up yet in Yahoo insider trades info and some other sites, some very out of touch investors still think that insiders haven't sold out, LOL. GRIN has nowhere to go but down in the short term. In a year, who knows. Also, there's a big difference between insider selling versus insiders dumping most of their available shares(per GRIN). The second scenario is very predictive of future stock price.

To: Frank McVerry who wrote (391)	9/14/1999 12:09:00 PM
From: Frank	Read Replies (2) \| Respond to of 495

Frank, There are really three components relative to the cash: 1. Is the improvement of ratios Debt/Equity. 2. Reduction on interest expense. 3. Flexibilty What would you do if you just added 13 mil to the coffers and you were already the biggest distributor in Canada? Here is the problem I am facing. Product Line Change. "Changes in the product line come about in a variety of ways. For reasons of diversification, some companies enter new fields by acquisition or direct investment. In either case, PAST financial information on the new activity may not be available. Major new products may arise out of internal research or PURCHASED LICENSES and royalties. Again, past financial information will be unavailable, and future financial statements will take on a new complexion, with different trends, ratios, and the like." The above quote is taken from Securities Analsysis by Ben Graham. The company thus, IMHO, has two states: - Pre-Pokemon - Post-Pokemon Do you feel that KIDE sales growth figures are a good match for comparision with GRIN? This being said, an evaluation of GRIN would take two components: 1. Evaluate GRIN based on part one of business (Furby, Wrestling, etc.) 2. Add a subsidiary called Pokemon to mix (Using KIDE historical sales growth patterns for given lines).