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Microcap & Penny Stocks : WR, LB and Friends. NO HYPESTERS OR SCAMMERS -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (6517)	4/7/1999 3:31:00 PM
From: Frederick Langford	Respond to of 13776

Going to hold KIDO a bit longer: Sales for the second quarter ended January 31, 1999 increased 298% to $1,957,000 compared to $492,000 for the same period in 1998. The Company reported an operating profit of $163,000 for the current quarter as compared to an operating loss in the prior quarter of $356,000 and a net profit of $10,000 in the current quarter as compared to a prior quarter net loss of $404,000. The increase in sales was primarily attributed to the success of the Company's lines of personalized products featuring licensed characters, including the Company's award-winning, "My Party with Barney" personalized home video. Sales for the six-month period ended January 31, 1999 rose 424% to $3,105,000 compared to $593,000 reported for the same period in 1998. The Company reported an operating profit of $41,000 in the six-month period as compared to a prior period operating loss of $1,217,000. The net loss for the six months ended January 31, 1999 decreased 79% to $268,000 compared to the prior year net loss of $1,269,000. Richard L. Bulman, the company's President and CEO, commented on today's announcements: "We're very pleased with having achieved profitability while at the same time averaging over 300% year-to-year quarterly revenue growth over the past three quarters. With the continued strength of our licensed lines of products, the introduction of exciting new personalized product lines in '99, and the addition of our major e-commerce initiatives to our sales programs, we are confident that these trends can be sustained." Now that you sold, maybe she will go up <gg> Fred