I disagreeWhile i dont agree that 10am this morning is the real...

I disagree

While i dont agree that 10am this morning is the real litmus test (buyers will come in over time)... the quarterly is the first proof that all the talk about the acquisitions they have made over the last 6 months are actually worthwhile.

Of course they are churning through cash... they need to purchase inventory and also manufacture products to then sell to the retailers. This costs money.

I would say that working capital only $400k over the sales receipts for the quarer is a terrific result. (If we assume roughly that this quarters working capital is used for next quarters sales, and the first quarter is the slowest of the 4 quarters in the toy industry).. then this in fact is a terrific result IMO