HUNT FOR `RANGERS'

You can buy Might Morphin Power Ranger toothbrushes. You can buy Might Morphin Power Ranger bedsheets. You can buy Might Morphin Power Ranger beepers and soap and baseball gloves and action figures.

Uh, check that.

You can only buy the Power Ranger action figures if you happen to be at your local store when that big Might Morphin Power Ranger truck arrives, and before hordes of Ranger-hunting parents get there.

The white and pink ones were most in demand this Christmas. The $13 action figures have fetched as much as $50 on the black market.

Pam Johnson of Jackson, whose son Jack is a Power Rangers fan, has seen sets of the original six Power Rangers selling for upwards of $200 on the collectibles market.

Bandai America has 16 factories in Mexico and throughout Asia producing the figures.

In addition, Saban Entertainment Inc., which produces the show, has licensed nearly 400 other Power Ranger makers here and abroad, and says sales of Power Ranger merchandise worldwide is expected to reach $1 billion in 1994.