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Non-Tech : Scholastic (SCHL)-Does it deserve such a *big* Dunce Cap? -- Ignore unavailable to you. Want to Upgrade?

To: Jack Hartmann who wrote (15)	7/22/2000 5:58:17 PM
From: Jack Hartmann	Respond to of 24

Notes on SCHL discussion on Motley Radio. 7/22/00 - Sold 3 million in first week. - Trying to avoid another Goosebumps fiasco by getting too many returns from booksellers. (Many of the boys wanted the fourth edition, but didn't preorder so waiting for second printing) - Both Adults and Children reading this vs. Goosebumps which was mostly children. - Stock outformed S&P last two years. - 31M Harry Potter books in print - Author Rowling said will be only 7 Harry Potter (I seriously doubt it, future money will be too tempting.) ********************** Big difference between Goosebumps which flooded 40 titles in 2 years vs. Potter which has four titles in 2 1/2 years. Also, the midnight Potter book sale party had more adults than kids. Over 1000 hits on EBAY when searching Harry Potter today. Jack