To: Rollcast... who wrote (5774 ) 2/16/1999 2:32:00 AM From: Dave Gore Respond to of 11130
One to watch ** ITOY ** Imagin.Net Incorporated, Toy Retailer, Says it Will Be A Top-Of-List Company With Toy Characters On Computer Games In 1999. It may be early to invest but they were at the big NYC toy show last week in high level distribution and production negotiations. This is a longer term stock... not a mo mo play High $3.38 Low: 3/8 Currently: $.93 (and closer than ever....NYC toy show last week) O/S and float: 6mil/1mil? from what I can see, but when they get the new transfer agent, we will know for sure. MM's a little sleazy on this stock, but company hired a consultant with connections to the NASD and enforcement to clean it up; they want this stock to trade "squeeky clean" and fair, so new investors will have no reason not to invest if they like what they see. Management: Lanette Orduna, the "founder of the talking toy" with Gene Lipkin , formerly a Pres. of Atari, as its Bus. Development Exec. REDWOOD CITY, Calif., Dec. 16 -- In the last 10 years the world has changed fast, and most toy companies have not changed with it. That is the main reason Imagin.Net (OTC Bulletin Board: ITOY) is in the process of carrying out its business plan, exploring various opportunities that will enable it to achieve its goals. Industry sales for educational software, such as toy characters on computer games, jumped 24% from January to October, as traditional toy sales fell 6%, according to NPD group statistics. Imagin.Net is a toy manufacturer and distributor which creates toys that are chip-equipped and hook into a PC; unlike other similar types, the toys work with a special internet web, creating literally a never-ending, always- growing toy for the child. Interaction with the web improves the child's skills with wholesome play tools. Other toy companies limit themselves to CD-ROM software; Imagin.Net uses the vast power of the internet. The proprietary technology of the delivery system allows ITOY different methods of play and interaction -- simpler and less expensive than anyone else. These are toys with extended life and versatility. Management says it has received strong indications of licensing interest from very large toy makers, and will definitely be more than a one-trick pony in 1999.