Byline: Associated Press
The toy business is a little like a boxing match these days: Manufacturers have been pummeled by disappointing sales and products over the past year but they're getting up again for the next round as the Toy Fair opens today.
Many companies who will be displaying new products at the annual trade show believe that there may be new opportunities for more traditional toys, such as action figures or board games, since sales growth for Nintendo and other high-tech games slowed in 1990.
But their optimism is tempered because the weak economy and Persian Gulf war have made retailers and parents alike more cautious.
"It's …
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