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Non-Tech : GRIN (Grand Toys International Inc) -- Ignore unavailable to you. Want to Upgrade?

To: Tigress who wrote (69)	11/30/1998 3:23:00 AM
From: Frank McVerry	Read Replies (3) \| Respond to of 495

Tiger, GRIN doesn't have any ownership of Hasbro, the manufacturer, 'only' the exclusive Canadian distribution agreements. GRIN's average net profit margin is 4.1% of their sales and I used this to get some idea of the value of Furby to GRIN (see message#9). The first dozen or so messages on this thread give quite a good though brief intro to GRIN and might be worth a step through. The Yahoo site gives you access to their quarterlies and annual reports if you have the time. Looks to me that Furby will bring a substantial boost to GRIN's earnings, apart from the Furby hype which at least raises their visibility. I've been an investor in GRIN for over a year now but the recent opportunities in the stock have been too much for me to keep it a secret ! Frank