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Non-Tech : Racing Champions (RACN) -- Ignore unavailable to you. Want to Upgrade?


To: Whiskey who wrote (41)4/30/1999 12:36:00 AM
From: Todd D. Wiener  Respond to of 100
 
Whiskey-

RACN has its own website/e-commerce setup. Buying Ertl gives it significant diversification away from NASCAR, which is a good thing. NASCAR has been growing very quickly during the past several years, but it's bound to slow down in the future. I'm glad that RACN has decided to play it smart, and reduce their dependence on the license. Going forward, RACN should have from 30-40% of total sales from NASCAR-related items. It's not like AMZN, because it's very profitable, and it's not like YHOO and EBAY, because the stock will be worth much more in 2 years, unlike these highfliers.

Other toy-related stocks to look at?

Try ZNDT, PBYP, EMAK, TMAX, JAKK and DSIT. ZNDT is breaking out as we speak, and EMAK is on the verge of breaking out. PBYP is next to break out. TMAX is a great value, but it's still suffering from an earnings preannouncement. JAKK is a bit high, especially given the just-floated secondary offering, but it has a bright future. DSIT is at a 18-month high, due to renewed profitability and a tender offer for a controlling interest in the company.

Todd



To: Whiskey who wrote (41)4/30/1999 8:30:00 AM
From: JakeStraw  Read Replies (1) | Respond to of 100
 
I recommend you look at ACTN also. IMO ACTN looks more attractive than RACN.