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Non-Tech : Radica

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To: Wayne who wrote (15)10/15/1997 8:45:00 PM
From: Gary105   of 51
 
Wayne, before we attracted all this attention my guess was $15 going into 4Q earnings. Now I think 25% chance $15 or lower, 50% chance 17 1/2; 25% chance of $20. Short term we are getting overbought but I think option levels are like magnetic fields and that we will be pulled to $15 level - maybe on Friday expiration date. Then we rest, perhaps building a new base before final 4Q run.

If we get very popular (as we are getting) then a p/e of surrogate thqi (trailing p/e of 25) is possible. The sleeper is the volatility caused by all the attention - leveling off may lead to correction as momentum players leave.

Back to fundamentals - in trying to guage market potential, does anyone have an idea of Tiger's annual sales?

Gary
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