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To: Ron McKinnon who wrote (20914)	10/5/1999 7:49:00 AM
From: kendall harmon	Respond to of 53068

MAT-Robert Olstein bought yesterday--so it says in this morning's thestreet.com. His reasoning is somewhat similar to my own. <<What does Olstein, a long-term value investor, think now? "I was wrong," he says. But he adds that in retrospect he was wrong to buy the stock so high. But if he liked it at 24, he loves it at 13. "I don't think Mattel is worth 13," he says. Believing it's worth more than that, he purchased more Mattel after yesterday's disclosure that the company will miss its third-quarter consensus estimate. If nothing else, with its strong brand, Mattel is a prime acquisition candidate, Olstein says. He adds that he wouldn't be surprised to see Barad thrown out. "If they get a stable manager," he says, "this stock is up 20%" on the news.>>