Five and Under

[ToshacH]

Buying some of this today Market Cap 94,000 lots of cash and lots of debt, million float


Cut and Paste from RB Talltrader post:

SKYL: .035 x .045, 1st qtr net .07/share, cash $.56/share


Shares Out 3,055,000

Float 1,100,000 (per MarketGuide)



I spoke to Michael Leeb, president & COO

(212-564-2224 x254, [e-mail])



- 1st Quarter Net income $213,000, or $.07/share

- Cash $1,713,000 or $.56/share, NET INCREASE

IN CASH $404,000 from previous quarter.

- They are in a turn-around situation. Previous

CEO Rick Brenner resigned. Their plan to cut

costs is starting to pay off.

- They have not issued any PR's since 3/9/99, but

the new President is looking into starting up

again soon.

- $1.7mil cash will be used for debt, upgrades, and

marketing.

- Christmas season is good for them, they are

doing "phenomenal."

- Stock buy-back program to purchase up to 300,000

shares of common stock.

- They do have a lot of debt, but they are not in

default.



WEB SITES

=========

http://www.skylinenyc.com

http://www.skyride.com

http://www.xsnewyork.com



INFORMATION ON SKYL FROM MARKETGUIDE

====================================

http://www.marketguide.com/mgi/SNAP.asp?nss=www&rt=snap&rn=A0EDF



09/30/2000 10Q filed 11/20/2000

===============================

http://www.freeedgar.com/Search/ViewFilings.asp?CIK=916271&Directory=1013762&Year=00&SEC...



Cash $1,713,000 (.54/share)

NET INCREASE IN CASH 404,000

Cash - July 1 1,309,000

CASH - SEPTEMBER 30 $ 1,713,000



Revenues:

Attraction sales ........................................ $ 2,418,000

Concession sales ........................................ 288,000

Sponsorship income ...................................... 3,000

-----------

2,709,000

-----------

Operating expenses:

Cost of merchandise sold ................................ 118,000

Selling, general and administrative ..................... 1,895,000

Depreciation and amortization ........................... 182,000

-----------

2,195,000

-----------

Income (loss) from operations before interest

income and expense and extraordinary item ............... 514,000

Interest Income ............................................ 19,000

Interest Expense ........................................... (320,000)

-----------

Income (Loss) before extraordinary item .................... 213,000

Extraordinary gain from settlement of liabilities .......... 72,000

-----------

NET INCOME (LOSS) .......................................... $ 285,000

===========

Income (loss) per share of common stock - basic and diluted:

Income (loss) before extraordinary item .............. $ .09

===========

Net Income (loss) ................................... $ .13



Actual NET EPS with all shares .07/share



-As of November 20, 2000, there were issued and

outstanding 2,095,000 shares of Common Stock,

$.001 par value share, 960,000 shares of Class

A Common Stock, $.001 par value per share, and

1,090,909 shares of Series A Convertible

Participating Preferred Stock, $.001 par value

per share.





06/30/2000 10K filed 11/20/2000

===============================

http://www.freeedgar.com/Search/ViewFilings.asp?CIK=916271&Directory=1013762&Year=00&SEC...



The Board of Directors approved a stock buy-back program where

the Company is authorized to purchase up to 300,000 shares of

common stock. As of June 30, 2000, the Company has purchased

110,000 shares which is reflected as treasury stock.



-On December 22, 1994, the Company commenced operations of

its first attraction, New York Skyride

-On December 27, 1996, the Company commenced operations,

through SVR, of an interactive virtual reality entertainment

center, XS New York





EMPIRE STATE BUILDING OBSERVATORY

ADMISSION TICKET SALES (000'S)

YEAR 1995 1996 1997 1998 1999

---- ---- ---- ---- ----

TOTAL ATTENDANCE 3,350 3,350 3,675 3,614 3,617





NOT A RECOMMENDATION TO BUY OR SELL SKYL. I OWN SHARES IN SKYL.