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Mattel, Inc. Message Board

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  • makingdoe makingdoe Sep 23, 1998 9:05 AM Flag

    GREAT BUY

    Called the company yesterday.
    Seems the
    latest news from Tot's r' us has hurt Mat.
    Right now
    , the "perception" is maybe they wont buy the toys
    from Mat.
    Company says they dont see that at
    all.

    But, they are not sure right now how the latest news
    of the inventory write down will affect mat , if at
    all.
    He said will have to wait and see if there is any
    affect, but again said for second half they should be on
    track.

    Did say that several analyst dropped earning
    estimates from 1.95 to 1.90, but i havent seen any
    estimates changed yet.

    If anyone else has info,
    please print it. thanks

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