See the full review at http://www.timetoplaymag.com/toys/2722/gund/peekaboo-bear/
Peek-A-Boo Bear is, as you might imagine from the description, a plush bear that plays peek-a-boo. This 10-inch bear holds a blanket in his hands. You can manually raise and lower the bear's arms or you can turn on this electronic bear, press the bear's foot, and lift the blanket to hear the bear talk. Peek-A-Boo Bear lifts its arms on its own and engages children in a game of peek-a-boo. The bear says phrases such as, "Peek-a-boo, I see you" and "Where did you go?"