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Non-Tech : Radica Games (RADA)

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To: larry watson who wrote (1530)12/27/1997 4:46:00 PM
From: Terry Backlund  Read Replies (2) of 7111
 
Larry and All,

The following is my angle on RADAF. All based on historical numbers,
and without figuring in future things such as coverage etc.

June 10th PE 11
July 10th PE 15
Aug 10th PE 18

Sept 3rd PE 15
Oct 3rd PE 14
Nov 3rd PE 19

This is the past. Just divide the months by two and you have.....
the future.

Dec 17th PE 13 $17.68
Jan 17th PE 14.5 $19.72
Feb 17th PE 18.5 $25.16

If you add in the day before earnings PE for the last two quarters and
divide by two you get 23 PE = $31.28 by March ? earnings.

As I said before this is just MY angle, but since this stock is fairly
prone to go it's own path as it has in the past, I will continue buying as it goes northward. See you all here next year...as in Dec 98

Sincerely,

Terry
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