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Non-Tech : KIDE- Low Float, Nice Financials ?? -- Ignore unavailable to you. Want to Upgrade?


To: Street Walker who wrote (64)11/25/1998 2:40:00 AM
From: BulbaMan  Read Replies (3) | Respond to of 227
 
The latest issue of Newsweek (11/23) has a piece on the enormous and growing popularity of wrestling. Here's a quote from the article: "As Jesse (The Mind) Ventura got ready to rumble in the Minnesota statehouse last Monday, 7 million households tuned in to the WWF or its archrival, Ted Turner's World Championship Wrestling - including as many young males as watched the World Series. Sales of tickets, pay-per-view events, T shirts, video games, action figures and the like top $1 billion a year." And, a photo caption associated with the article adds: "Licensed gear tops half a billion bucks."
With those kind of numbers, no wonder KIDE's CEO has predicted 1998 earnings would exceed $.70 per share, even with only a few weeks contribution from Pokemon. And, in 1999, when the revenues from Pokemon and Zelda start rolling in, my guess is he'll be talking Hulk Hogan-sized earnings for KIDE.



To: Street Walker who wrote (64)11/25/1998 11:41:00 PM
From: Bo Didley  Read Replies (2) | Respond to of 227
 
Street Walker

No one here, I guess is smart enough to know how to
calculate what to expect for 4th quarter earnings.

"We expect record sales for 1998 with earnings to exceed $0.70 cents per share,"

"Net income for the nine month period was $799,874 or $0.22 cents per share on a fully diluted basis"

So they are planning on making atleast 0.70 cents in 12 months
and they have already made a NET of $800,000 or 0.22/share in 9 months.

So the fourth quarter needs to make enough NET that they
make 0.70/share for the year. What would the 4th quarter NET INCOME
have to be, and earnings/share for the quarter, to achieve this conservative 0.70/share for the '98 year?

Any MBA types following this stock?

bo



To: Street Walker who wrote (64)11/26/1998 3:08:00 PM
From: Silicon Trader  Read Replies (2) | Respond to of 227
 
seems like one hell of a gap from .22 to Exceeding .70 cents, very curious on this one.

Regards,

BIG