|
|
![]() |

HASBRO'S BOUNTYHasbro, which fended off a bid by archrival Mattel earlier this year, so far is standing by as Mattel gobbles up No.3 Tyco Toys. But Hasbro shareholders aren't weeping. The toymaker's stock is up 36% this year, near the peaks it reached during the rejected Mattel bid. Why? Earnings are fairly strong, and with a Star Wars trilogy revival set for Jan. 31, analyst Sean McGowan of Gerard Klauer Mattison expects Hasbro to sell $100 million in Star Wars action figures this year and double that in 1997.
EDITED BY THANE PETERSON
|

Updated June 14, 1997 by bwwebmaster
Copyright 1996, Bloomberg L.P.
Terms of Use