To: jim geis who wrote (3533 ) 9/21/1999 11:42:00 AM From: esecurities(tm) Read Replies (1) | Respond to of 4231
[09-21-99 10:53 AM ET] [ISSUES/COMMENTS/OPINION]. >esecurities, if I remember right, the gamesites >were always pushing back the shipping date >last year for NewKidCo's games. Any reason >to believe that won't happen this year."...The Adventures of Elmo In Grouchland is slated for release on both platforms for fall 1999, coinciding with the Columbia Pictures October release to theaters..." Source- May 13, 1999 NewKidCo. The Adventures of Elmo® in Grouchland is scheduled for 1000 screens/national release on October 1. Pursuant to the two leading retail gamesites gamestop!com [Babbage's, software eTc] and EB World [Electronic Boutique] all NewKidCo pending Q3/Q4 1999 NewKidCo/Mattel products have been moved back as previously cited/documented on this thread...Elmo® Grouchland (GBC) is scheduled for September 29 (Q3) availability while Elmo® Grouchland (PS) is now scheduled for mid-November release...Further, the only tangible evidence regarding the integrity of any of these dates including the integrity of NewKidCo's relationship with Mattel is still our conversation with Steve Schneider, CFO, NewKidCo, in late August, as previously documented on this thread... >Another point to consider; It isn't in Mattel's interest >to see NKCIF move higher if they are going >to buy them out."...In connection with this [Griffiths McBurney] financing, NewKidCo has granted to Mattel, Inc. which was a significant participant in the Special Warrant Financing...Such warrant is exercisable only in certain circumstances involving a change of control of the Company or the sale of all or substantially all of the video console assets of the Company or a bid by Mattel, Inc, for the shares or offer by Mattel, Inc. to acquire all the assets of the Company at a price which is at least a 15% premium to market which is not approved by the board or accepted by the shareholders ..." Source- June 15, 1999 NewKidCo. It is our opinion that no news is not good news specifically pursuant to this situation and in light of historically positive momentum with NewKidCo's industry and competition including the street's perception of this sector viz a viz PlayStation sales projections, (NASDAQ:KIDE) and (NASDAQ:THQI) share momentum...Arguably NewKidCo possesses precisely the essence of THQIs "execution-based business model" given Rugrats® is their lead revenue/share generator and given the "Rugrats paradigm" is precisely and exclusively NewKidCo's business model...yet no news and an out of date newkidco.com ... this is simply highly unusual and arguably [allegedly] negligent?, again, given it is September 21, 1999 and NewKidCo is not standing behind any ship dates nor confirming nor updating their [non-insider] shareholders regarding esecurities' late August interview with NewKidCo's Chief Financial Officer...it should be noted [and reminded] that NewKidCo never issued a formal release regarding Elmo® in Grouchland other than the ones they quietly slipped in on their website and announced non-formally at E3...would all this necessarily suggest a "Mattel Collar" around NewKidCo's stock price?...