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transcript july 21, 2008 hsbro earnings conference call and business overview
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<blockquote data-quote="Miyaa" data-source="post: 4404082" data-attributes="member: 7016"><p>Interestingly, the Hasbro stock (which is more or less an indication of how people would bet on it to ride well, like in a horse race) is up 21.55% in the past year (as of July 29, 2008), and 54.38% in the Year to Date analysis. It hasn't done this well since, well, 1999. They also have a new CEO who just started a less than two months ago (May 22nd).</p><p></p><p>Now, what does this, along with the rest of the thread have to do with Wizards? Well, I would contend as long as profits overall are fairly good and the stock price is high enough for Hasbro to buy back some of the stock, Wizard can continue to try to find some way towards a sustainable profitability goal. However, given that the global economic conditions aren't good right now (as indicated in the conference call transcripts), that could all change rapidly. So I would be (if I was running WotC) in a "Be Quick, but Don't Hurry" mode.</p><p></p><p>I'm also kicking myself for selling the stock earlier in the year.</p></blockquote><p></p>
[QUOTE="Miyaa, post: 4404082, member: 7016"] Interestingly, the Hasbro stock (which is more or less an indication of how people would bet on it to ride well, like in a horse race) is up 21.55% in the past year (as of July 29, 2008), and 54.38% in the Year to Date analysis. It hasn't done this well since, well, 1999. They also have a new CEO who just started a less than two months ago (May 22nd). Now, what does this, along with the rest of the thread have to do with Wizards? Well, I would contend as long as profits overall are fairly good and the stock price is high enough for Hasbro to buy back some of the stock, Wizard can continue to try to find some way towards a sustainable profitability goal. However, given that the global economic conditions aren't good right now (as indicated in the conference call transcripts), that could all change rapidly. So I would be (if I was running WotC) in a "Be Quick, but Don't Hurry" mode. I'm also kicking myself for selling the stock earlier in the year. [/QUOTE]
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transcript july 21, 2008 hsbro earnings conference call and business overview
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