To: LostHillsGuy who wrote (143 ) 9/17/1999 8:53:00 AM From: WWS Read Replies (2) | Respond to
Lost Hills Guy: Welcome! You really are lost if you've wandered all the way from Bakersfield and the GSJB (I follow your posts on the KOB thread). I've been into HAS for a year, and most of what I made (selling on the way up) was plowed into o&g e&p shares. Last year at this time we had Furby and Star Wars to anticipate and the stock responded with a "double", peaking right before Star Wars TPM came out this past spring. HAS has made its numbers all along, but current weakness is a product of both sector weakness (mainly HAS and MAT), concerns about the continuing sales of Star Wars toys, concerns that HAS overpaid for rights to STar Wars and debt load (combining 1/2 billion royalties to Lucas with the 375 million just paid for the cutting-edge Wizards of the Coast). This holiday season we have to look forward to Pokemon (in many guises), Yoda Furby, baby Furbies and many innovative new toys from Tiger electronics (like laser tennis). Longer term I'm anticipating new (and startling) robotics "toys" from the recent partnership between HAS and a small spin-off from the MIT artificial intelligence laboratory. Of course, HAS is also into both video games, computer on-line gaming, regular board games (and their electronic versions) and just about everything else. HAS is an innovator and is always pushing the creative envelop with new technology. Last year I was buying in September at a split adjusted price of about $19/share, and right now HAS is back down to a mere $23/share. (P.S. I hope that you won't mind answering an ELH question now and then for me on the KOB thread). Best Regards, Bill. P.S. the HAS thread on Yahoo is much more active than here, perhaps much too more active.
