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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (2782)11/18/1998 8:25:00 AM
From: esecurities(tm)  Read Replies (2) | Respond to of 4231
 
Tiny Toons:The Great Beanstalk ships.

source: biz.yahoo.com

...no mention of significant delays with this and other titles...ongoing concern status...ONLINE merchant...standing behind $US9 mil in NewKidCo revenues q4...

"...NewKidCo's first three titles are slated for shipment in the fourth quarter and are expected to be broadly distributed to toy superstores, mass merchandisers, computer specialty retailers and other retail outlets nationwide. NewKidCo management expects NewKidCo's revenues to be in the range of $9 million (U.S.) in the fourth quarter with strong earnings contribution, based upon preliminary reactions from major retailers and the performance of other popular titles in the market...The console video game business in the U.S. (defined as PlayStation®, Nintendo®, and Sega®) has now reached nearly $6 billion (U.S.) in annual revenues. Industry analysts estimate that by the end of the year, there will be nearly 18 million PlayStation® units in U.S. homes. Popular PlayStation® titles have sold well over 200,000 units at retail price points of $39 (U.S.) or greater...The Sesame Street television show is 30 years old this year and stronger than ever with more than 12 million viewers per week. 94% of parents with 1 1/2 - 5 years olds report that their child watches Sesame Street. TINY TOONS Adventures™, a Steven Speilberg production, skews to a slightly older audience of 5 to 9 year olds and is one of the top 3 shows on Nickelodeon®. TINY TOONS® is viewed by 6 million children every week..."

source: &copy June 9, 1998 newkidco.com