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Non-Tech : JAKKS Pacific (JAKK)
JAKK 0.800+6.4%Oct 8 2:09 PM EDT

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To: Ajay Aggarwal who wrote ()9/9/1999 10:45:00 PM
From: David Howe  Read Replies (2) of 371
 
Very bullish conference call today. The replay can be heard until Friday afternoon by calling 1-800-633-8284 and entering reservation number 13127759.

Anyone even remotely interested in Jakks Pacific should take the 15 minutes and listen to the call. They went into some detail, but the basic points were as follows:

Analysts have been raising estimates for Q3 to around $0.60. Jakks is very comfortable with these estimates. They are also very comfortable with Q4 estimates.

Business is going great and showing strong growth on all fronts; WWF action figures, mini vehicles, child guidance, BASS Fishing, dolls, etc. etc.

The Xtreme Bike deals are much bigger than I thought. We're talking a market of 80 million bikers and some serious TV air time. Jakks claims to have signed up the Michael Jordon of Biking as one of their spokespersons and also another top stunt biker. You need to listen to the call to catch all of the cool bikes and accessories they will be selling and to find out what "Trick Sticks" are. Jakks even mentioned TV advertising and that's a new one in all respects. They say they are going all out on the Xtreme Bike line and that retailers are falling all over themselves to order the products. They start shipping in late November.

Inventory levels at the retailers and at the wholesale level are at wonderfully low levels.

There just wasn't a single negative word said on the entire conference call. Give the replay a try.

Good luck.
Dave
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