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

To: Tony Grier who wrote (1214)	10/7/2000 11:07:35 AM
From: jgideon	Read Replies (1) \| Respond to of 1239

As of 6/30/00 KDE had 141.4 M is cash and short term equivalents. For the 13.07 M (diluted) shares, that comes to $10.82 per share. In Q2, the cash position went down from 211.9 M to 141.4 M. If that happened again this quarter, then they'd have about 71 M in cash at the end of Q3. That's about $5.40/sh. Last year the cash position improved from Q2 to Q3, going from 19.3 to 33.6. If it improved by that much this year, KDE would have about 155 M, or $11.80/sh. I've only just started following KDE again, so I haven't kept up with the information. Can someone provide info to indicate where the cash position is expected to be? The above scenarios probably bracket the possibilities. Either way, KDE has a large cash position, and this stock is selling for very cheap. Wall Street appears to be betting that management will just waste this cash hoard, and that they'll never get another license to approach the success of Pokemon. I don't know about giving it a 20 to 40 PE, at least based on current earnings. I think a 20 PE based on sustainable earnings is reasonable. Haven't done enough digging to estimate sustainable earnings level, yet. Would appreciate opinions. jg

To: Tony Grier who wrote (1214)	10/12/2000 4:54:24 PM
From: Tony Grier	Read Replies (1) \| Respond to of 1239

Well, price kde 11.68 and falling. Great big short position in total control. Few will buy while they rule. Kde has excellent revs headed their way. Cash position is probably close to $8 a share as I write. Must subtract what KDE owes and add what is owed them when using the filings. It is difficult to figure cash from rest of world as pokemon expanded so I haven't padded it much. Video's, TV shows, live shows, movies and increases in licensors all will bring $ to 4Kids. Main problem is stock price controlled by shorts and not supported by pokemon $. Pokemon $ to kde is a liability. Shorts have a monthly funeral for Pokemon and pass the $ off as lost future earnings for 4Kids. The bigger the profit, the lower shorts will drive the price.