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Non-Tech : Radica Games (RADA)

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To: Sigmund who wrote (3155)3/2/1998 1:13:00 PM
From: Todd D. Wiener   of 7111
 
Sigmund-

I don't know where it's going in the near-term, although it looks as if $16 may be a support area. Because the company is associated with Bermuda and Hong Kong (as opposed to the US), it won't likely get a fair P/E. But I think that a trailing P/E of 15-20 during 1998 is possible, assuming RADAF continues 100+% growth. Doesn't sound fair, does it? If RADAF manages to get some brokerage coverage, the P/E could edge past 20. But I'm just guessing.

This stock is controversial, for some foolish reason, and it will continue to be subjected to a lot of volatility. But I'm confident (voting with my money) that there will be a nice uptrend this year.

Todd
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