Forum Archive Index - October 2002

["Phil Boeyen" <phil.boeyen@paradise.net.nz>]

Well done Dannie.  I remember Adam pointing Funtastic out a few times in the
past.  Licensed kid's stuff continues to be a best seller, and with the new
acquisition including food that will extend the branding even further.
However while I am quite happy to shell out hundreds for Thomas the Tank
Engine for my two-year old I am one of those parents who draw the line at
paying a premium for Blue's Clues yoghurt at the supermarket.

I am sure one of the first rules of money management is... never take the
kids supermarket shopping :)

Cheers, Phil
(no FUN shares)(either literally and figuratively)

----- Original Message -----
From: "Dannie Hawkins" <dannie@es.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, October 08, 2002 12:16 PM
Subject: [sharechat] FUNtastic


To all of those holders of FUN check out the latest news.

The share price briefly hit $1 yesterday, but has drifted back a little.

Where to now?
FUNdamentally the share is still cheap for it's growth history, but the
latest buy may dilute earnings growth for the next few years.

On the other hand the placement will bring in Institutions, who with any
luck will recognise the gem that slaps them in the face.

Happy investing

Dannie

Disclosure - hold FUN




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