Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (12223)	1/3/1999 2:18:00 PM
From: LTK007	Read Replies (2) \| Respond to of 29382

If the Amigos have in anyway been compensated for stocks(or stock) they have promoted in either cash or stock from these companies(or a company) they have been shamelessly two-faced and their intregrity kaput---I want the Amigos to forcefully deny this allegation that has been asked of them via Sergio in a question by Pluvia on the IFLY thread--Max90

To: Sergio H who wrote (12223)	1/3/1999 2:49:00 PM
From: Phil Jacobson	Read Replies (3) \| Respond to of 29382

Anyone still watching CAND? Traded it and dumped it several months ago, then picked it up again 3 weeks ago at 3 1/8. It's coming back strong...will most likely be buying more this week. Phil

To: Sergio H who wrote (12223)	1/3/1999 4:43:00 PM
From: freelyhovering	Respond to of 29382

Amigo Sergio--I don't know if TACO has resurfaced on this thread of late. There's been talk of it over at 56. It looks quite spicy and a natural Three Amigos stock as I have often said.<gg> Take a look and maybe a bite. Myron

To: Sergio H who wrote (12223)	1/5/1999 11:06:00 AM
From: MoneyMade	Read Replies (1) \| Respond to of 29382

ALERT!!!-------GRIN----NEWS Furby sales are in, Get on it GRAND TOYS COMPLETES ACQUISITION OF INNOVATIVE PUZZLE-MAKER, RELATED SYMBOLS: (GRIN) Ark Foundation LLC Impact of Furby(TM) Sales to be Seen in Company's First Quarter MONTREAL, Canada, Jan. 5 /PRNewswire/ -- Grand Toys International, Inc. (Nasdaq: GRIN) today announced that it has completed its acquisition of the assets of Ark Foundation LLC, a privately held Norwalk, Conn.-based manufacturer of innovative puzzles. Ark Foundation, which has the potential to generate sales of between $4.0 and $5.0 million in 1999, is Grand's first acquisition as part of its strategy to target the U.S. market with a portfolio of proprietary products. Terms of the acquisition were not disclosed. Lawrence Bernstein, CEO of Grand Toys, commented, "The acquisition of Ark launches Grand's strategic acquisition program, which will broaden the Company's focus beyond its current position as one of Canada's premier toy distributors. Grand's strategy, the subject of a great deal of planning over the past year, will be to build its business in the United States by acquiring a balanced portfolio of products targeted at the children's market." Mr. Bernstein continued, "Ark's appeal lies in its revolutionary puzzle design and manufacturing technology, which we believe will immediately make Grand a significant player in the rapidly evolving world puzzle market. Ark will become a proprietary brand for Grand, and we intend to fully exploit its worldwide potential." Commenting on the impact to the Company of the extremely popular Furby(TM) interactive plush doll, which was in strong demand during the holiday shopping season, Grand's CFO, Ron Goldenberg, said, "We were unable to accommodate the demand in the marketplace and were forced to allocate product among our customers through year-end. Consequently, we do not expect a significant impact on Grand's fourth quarter results. Based on the pent-up demand for Furby(TM), we entered 1999 with a significant backorder position, far in excess of our previous experience with any other toy. All indications from the marketplace are that this phenomenon will continue in 1999, and we expect to see a greater impact on Grand's financials in the first quarter. We also look forward to profiting from our strategic acquisition program as the year unfolds." Grand Toys Ltd., a subsidiary of Grand Toys International, is the exclusive distributor of Furby(TM) in Canada and has been in the toy business for 38 years, distributing a wide variety of toys and ancillary items to toy retailers in Canada. This news release contains certain forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and is subject to risk and uncertainties that could cause actual results to differ materially. Such risks and uncertainties include, but are not limited to, those related to business conditions and the financial strength of the retail industry, particularly for toy and toy-related products; the level of consumer spending for such products; the ability of the Company to successfully obtain its products from suppliers; and the success of advertising, marketing and promotional campaigns. SOURCE Grand Toys International, Inc. -0- 01/05/99 /CONTACT: Ron Goldenberg, Executive Vice President & CFO of Grand Toys International, 514-685-2180, ext. 227; or General Info., Alison Ziegler, Analyst Info., Lynn Sawyer-Landau, or Media Info., Deanne Eagle, all of The Financial Relations Board, 212-661-8030/