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Non-Tech : Radica Games (RADA)
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To: larry watson who wrote (1627)1/5/1998 4:43:00 PM
From: Gary105  Read Replies (1) of 7111
 
Larry, I continue to believe that what we are seeing is post earnings/post holiday selling. Mat and ACTN were also down today. Personally I'm more interested in the fact that product is selling out than lack of analyst coverage or modest inside selling. Product sales drove the stock up by almost tenfold last year and should continue to drive it this year imo. Sooner or later funds and newsletters will catch on to low trailing p/e and continued triple digit earnings growth. The more time we spend building a base, the greater the subsequent move will be. I'm looking for uptrend to resume late Feb at the latest (pre-earnings runup), later this week (with consumer electronics show) at the earliest. What we see in the interim is noise.

all imo,
Gary
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