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LeapFrog Stinks at Frogger
By Rick Aristotle Munarriz (TMFBreakerRick)
August 3, 2006

You know that moment when you're playing Frogger, and you're about to get hit by a car or chomped by a croc? That may be where LeapFrog Enterprises (NYSE: LF) finds itself after a horrendous second-quarter performance.

The company's loss per share widened from $0.16 to $0.41 for the June quarter, on a 22% decline in net sales. That's bad news, even before you consider that analysts were expecting the company to lose just $0.25 a share and actually grow the top line......
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