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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: gravityz who wrote (47872)	11/30/2013 1:01:44 PM
From: Tommaso	1 Recommendation Recommended By Paxb2u Respond to of 48092

Been there, seen that: For the first few years, Coleco couldn't produce the dolls fast enough. The marketing gimmick and television coverage combined to make sales explode starting in 1983. The doll was in short supply, and Christmases in the early 1980s saw parents scrambling to find dolls for gifts, as they fought scalpers and other profiteers who also were scooping the dolls up and re-selling them at large profit through newspaper and magazine ads. The dolls were in such short supply for Christmas that some stores had to call the police to control crowds waiting for the dolls, and other stores held lotteries to fairly distribute the dolls and to avoid riot-like scenes. Coleco posted record sales of $600 million in 1985, thanks to their Cabbage Patch Kids. Many people believe that Cabbage Patch dolls were THE fad of the 1980s. After the Craze, the Crash Most fads and crazes are short lived, and the Cabbage Patch doll mania was no exception. From $600 in sales in 1985, sales of Cabbage Patch dolls fell to $250 million in 1986. Some scalpers and profiteers were caught with closets full of unsold dolls that, suddenly, no one wanted even at retail. Coleco tried many things to revive the Cabbage Patch market, including dolls that "did" things, such as talk. But, things went downhill from there, and in 1988, Coleco filed for bankruptcy.