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Non-Tech : Radica

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To: Gary105 who wrote (26)10/18/1997 3:35:00 PM
From: Jay Tice   of 51
 
Gary,I'm going a little farther out on the limb and looking for 16-18 pre earnings. I'm basing this on the fact that last qtr we saw a PE of around 24 during the pre earnings run up. This would put us at about 18.70. If Waynes est. of 1.20 are correct then the PE would be about 15.5 upon earnings release. I don't, however, believe that most are as optimistic as Wayne, so I don't think we will see a PE of 24 but maybe 22. I had anticipated a run to 13.50 after Q3 and then sideways untill the pre earnings runup beginning about 5 wks before release. So I think we are here till Nov. Have you heard a release date or have an idea as to when? Someone said that it would probabally be later than last qtr. Thanks,

Jay
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