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Non-Tech : Radica Games (RADA)

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To: Gurupup who wrote (1534)12/29/1997 6:43:00 AM
From: Gary105  Read Replies (1) of 7111
 
Welcome back Skip. Re. "what am I missing?", I've contended for the last two months that we will see the seasonable factor in the pricing of Radica's stock and we are now seeing it. Its very common for toy makers, retailers, etc. to see their peak share price in Dec or Jan and then undergo a correction which lasts for several weeks or months.
If memory serves me, THQI reported improved earnings last Jan and then corrected for several months before making new highs again in the summer, fall, and winter.

How long this correction lasts is difficult to say - like earlier post earnings corrections or a longer seasonal correction - but there continues to be great value here imo.

Gary
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