To: J.S. who wrote (3464 ) 2/16/1999 12:52:00 PM From: Bucky Katt Respond to of 57584
I have been in SAM mode on APII, as you all know. They took it down, to shake it out, what a joke....Been a buyer for for a long time. This stock will return more than GMAI gave me..... From 14 Jan.>> Action Products International, Inc. (NASDAQ:APII) today reported that while total revenues were effectively the same as last year, revenues from its core toy and book product lines (excluding discontinued businesses and divested product lines) increased more than 35% for the year ended December 31, 1998 as compared to December 31, 1997. Management attributes the rise in toy and book sales to new product line additions, increased distribution, and improved marketing focus. Release of complete audited annual financial information is scheduled for the week of February 15. President/CEO Ronald Kaplan stated, "We were able to achieve these sales gains largely due to our greatly expanded Product Development and Marketing efforts in 1998, which yielded several successful new additions to our brand portfolio, including Space Voyagers(TM). Coupled with the recent introduction of our Discovery Channel(R) product line, and many more product introductions scheduled, we expect demand for our brands to remain very strong throughout 1999 and beyond." "Along with the addition of several new products, we have focused considerable energy on increasing our distribution, especially in the relatively new e-commerce arena," commented Pablo Savetman, VP Sales. "In 1998, we broadened our markets by adding nearly 1,000 new clients to our customer base, a 25% increase. We plan to continue and accelerate this growth into 1999." CONTACT: Rebecca Garrett, Investor Relations of Action Products International, Inc., 352-680-3516 or fax, 352-687-2858/ /Web site: spacevoyagers.com /Web site: apii.com I guess some just can't see the forest,,,,for the trees...........