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Non-Tech : KIDE a good play to capitalize on Pokemon craze -- Ignore unavailable to you. Want to Upgrade?


To: Matt Kaarlela who wrote (482)10/11/1999 11:09:00 AM
From: Todd D. Wiener  Read Replies (1) | Respond to of 1239
 
Based on KIDE's trading bands (relative to its 200-day MA) during the past several months, I'd say the upward limit for this run is $53 or so. Then it might need to consolidate a bit, before blasting off again...

Todd



To: Matt Kaarlela who wrote (482)10/11/1999 4:31:00 PM
From: 2MAR$  Read Replies (1) | Respond to of 1239
 
(REUTERS) Toy showcase, Pokemon give pop to toy stocks
Toy showcase, Pokemon give pop to toy stocks

By Kristin Roberts
NEW YORK, Oct 11 (Reuters) - Toy company stocks felt a pop
on Monday as small investors on Wall Street predicted Pokemon
would continue to craze kids well into next year.
"Clearly, the Pokemon phenomenon shows no sign of let-up,
and in fact many observers are of the opinion that Pokemon will
be bigger next year than this year," said David Leibowitz, an
analyst with Burnham Securities.

Pokemon-related companies watched their stocks push higher,
with some hitting record levels, as investors geared up for
Wednesday's toy showcase in New York and the Pokemon movie from
Time Warner Inc.'s <TWX.N> Warner Brothers hitting screens in
November, analysts said.
Most of the trades boosting toy stocks were in small blocks
of 100 to 500 shares, indicating that individual investors
instead of institutional traders were taking positions,
analysts said.
Individuals on Internet trading Web sites were chatting up
the toy stocks Monday.
Shares of 4Kids Entertainment Inc. <KIDE.O>, which
distributes the Pokemon animated television program, posted the
most dramatic gains, rising more than nine points to a new
52-week high of $49.25.
4Kids' licensing division, Leisure Concepts Inc., is the
exclusive agent for Nintendo of America for the Japan-born
Pokemon character. Pokemon is a product of video game maker
Nintendo Co. Ltd. <7974.OS>.

Grand Toys International Inc. <GRIN.O>, the Pokemon
distributor in Canada, gained $1.25 to $12.19 on the Nasdaq
market, up from a 52-week low of $1.875.
Even sports trading card maker Topps Co. Inc. <TOPP.O>
inched up to $8.31, off a low of $2.56. The company said
previously that it struck a deal to market Pokemon trading
cards and lollipops throughout the Americas.
Pokemon's popularity is not just confined to one side of
the Atlantic, analysts said.
"The word coming out of the U.K. and other parts of Europe
is that Pokemon is really strong and just right out of the box
got off to a very strong start," said Sean McGowen, analyst at
Gerard Klauer Mattison.
Shares of larger toy makers such as Hasbro Inc. <HAS.N> and
Mattel Inc. <MAT.N> also gained ground Monday, but more
modestly, as they readied for Wednesday's showcase.
Hasbro gained $1.75 to $21.94, off a high of $37. Hayley
Kissel, an analyst with Merrill Lynch, noted that Hasbro is set
to report strong third-quarter earnings this week that may beat
Wall Street targets.
((Wall Street Desk 212-859-1730))
REUTERS
*** end of story