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Mattel shifts into holiday gear with newest hot wheels track. (Up Front).


George Reynoso was shopping with his wife and 1-year-old son at the Toys R Us store in Atwater Village when he came across Mattel Inc.'s new Hot Wheels Hot Wheels is a brand of die cast toy car, introduced by American toymaker Mattel in 1968. It was the primary competitor of Johnny Lightning and Matchbox until 1996, when Mattel acquired rights to the Matchbox brand from Tyco.  racetrack, the Fireball fireball, very bright meteor leaving a trail in the sky that can remain visible for several minutes; often a distinct sound, perhaps caused by very low frequency radio waves, is associated with it. .

Reynoso was intrigued by the 21-inch-high track, which is spherically spher·i·cal   also spher·ic
adj.
1.
a. Having the shape of a sphere; globular.

b. Having a shape approximating that of a sphere.

2. Of or relating to a sphere.

3.
 shaped with sections looping around, upside down and crisscrossing with other sections. This creates nine "crash zones" where the tiny die-cast metal cars collide col·lide  
intr.v. col·lid·ed, col·lid·ing, col·lides
1. To come together with violent, direct impact.

2.
.

Cars routinely ricochet A wireless Internet service from Ricochet Networks, Inc., Denver, CO (www.ricochet.net). Originally developed by Los Gatos, CA-based Metricom, Inc., Ricochet was the first high-speed, wireless Internet service for commuters.  off the track, which got Reynoso, along with other parents, wondering how safe the contraption is for small children. "It seems pretty dangerous, like it could take somebody's eye out," he said.

El Segundo-based Mattel can expect more such scrutiny this holiday season with the Fireball. The track, which retails for $39.99, has made it onto several of the top 10 toy lists that consumer and trade magazines publish each Christmas. And anticipating demand well beyond the normal volume for its popular Hot Wheels offerings, Mattel has manufactured several hundred thousand additional tracks.

Last year, Mattel's comparable Hot Wheels track, the Volcano, was completely sold out -- leaving the toymaker
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Toymaker (real name Cosmo Krank) is a brand new, original villain in The Batman. He first appeared in Cash for Toys. He is voiced by Patton Oswalt.
 unable to fill additional' orders in time for the holidays.

"Our fall track set for Hot Wheels is always one of the big sellers at Christmas," said Mattel spokeswoman Sara Rosales.

Mattel's Boys Entertainment division, of which Hot Wheels is a major component, generated 24 percent of the $5 billion in company-wide revenues for the year ended Dec. 31, 2000. Much of that comes in the all-important holiday season.

As for the Fireball track's safety, Rosales noted that each track comes with transparent safety shields and a safety net that can be placed over the track, like a shower cap.

"We've given parents the option of either the safety net or guards. It's now up to them to make sure the product is put together in the way we have recommended for safety," she said.

But nowhere on the product's box is there any mention of the safety guards or net. None of the five product shots on the box shows a safety net or guards in place.

The one safety-related message is in small type, tucked in the lower right-hand corner of the box.

Terri Bartlett, a spokeswoman for the Toy Industry Association The Toy Industry Association, Inc. (TIA) is the not-for-profit trade association for producers and importers of toys and youth entertainment products sold in North America, representing over 500 companies who account for approximately 85% of domestic toy sales.  in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, said parents should consider the "characteristic" of their child before buying the Fireball.

"If you have a passive child that will play within safe limits, that's one thing, but if you have a child who is somewhat aggressive or pushes the limits, this may not be the best toy for them," she said.

Ken Giles, spokesman at the U.S. Consumer Product Safety Commission, said the agency is aware of cars flying off racetracks," but that no consumer complaints have been reported.
COPYRIGHT 2001 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Mattel shifts into holiday gear with newest hot wheels track. (Up Front).(Brief Article)
Author:Stremfel, Michael
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 26, 2001
Words:458
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