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Mattel, Inc. Message Board

  • river831 river831 Jan 19, 2000 5:43 PM Flag

    I'm not worried about Mattel stock $

    I have seen this senerio before when a stock
    is badly oversold and in time i make a good
    profit. Why wouldn't this stock be say in the
    early 20's five or six months from now?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I think the question works better if you reverse
      it. Why should this stock be at $20 in 6 months? The
      answer is that things need to happen, namely results.
      The market has built the cost of the Lerning Co.
      purchase into the stock Price (overbuilt in my opinion)
      and its up to the company to show that they actually
      didn't have their heads up their ass when they decided
      to purchase Lerning Co. True that the company has
      some valuble brands but, of late they have not been
      able to manage their brands to absorb their purchase.


      --Peace

      edlaf

      • 1 Reply to edlaff
      • MAT has been below $15 for about 4 months
        already. Why is it suddenly going to the low $20s within 6
        months? No way that will happen unless Barad is axed.
        Don't think for a second she's buying MAT stock because
        the price is going up soon because of her leadership.
        It's insurance in case she gets thrown out which will
        pop this stock about $3 instantly.

 
MAT
34.70-0.13(-0.39%)Aug 28 4:00 PMEDT

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