The rest of the Owl

Jun 25, 2002

Posted by: John Admin

News

The rest of the Owl Prowl winners have been announced. (Thanks to Deo for the link.)

MSN’s Market Report is carrying the following:

Scholastic Corp (SCHL) 38.38 -0.89: Stock is down 20% over the past month on concerns over the Q3 bad debt issue, its implications for Q4, and the eventual timing for Harry Potter 5. CSFB believe investors should not ignore SCHL based on whether Harry Potter is released in Dec or Feb and reiterates their Buy rating and $67 price target as a way to play positive trends in K-12 reading materials. Firm rates current levels as very attractive, even without any revenue contribution from Harry Potter in FY 2003 (“very unlikely”).





The Leaky Cauldron is not associated with J.K. Rowling, Warner Bros., or any of the individuals or companies associated with producing and publishing Harry Potter books and films.