SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : KDE, 4Kids Entertainment -- Ignore unavailable to you. Want to Upgrade?


To: blankmind who wrote (5)9/26/2001 7:35:23 AM
From: Cymeed  Read Replies (2) | Respond to of 20
 
I believe you are right. I have not found any upfront fees either.

The company CEO Al Kahn is a well known player in the kids entertainment arena. Although not 100% certain, I heard there was a bidding war for major U.S. networks to host Yu Gi Oh. Warner Brothers won that right due to their existing relationship (Pokemon). KDE spend some marketing dollar for the premier of Yu Gi Oh, which was originally scheduled on Sept. 15, now delayed to this weekend on Sept. 29 because of WTC tragedy.

Many kids received a free tape from KDE about Yu Gi Oh. I bet there were some confusions and disappointments for the delay of Yu Gi Oh, which made the stock suffer too. But I believe it is temporary.

KDE is a very volatile stock. Short shares outstanding as of Sept 14 was 2.4 million shares out of the 10 million total floating. The $29 area looked like a double top. Short interest increased this month from the $29 area. I added significantly more shares in the $17 area, might buy even more if the market is very weak and KDE drops near or below $10. I believe somebody will like to long this stock someday :)