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Non-Tech : Radica Games (RADA)

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To: megazoo who wrote (1895)1/15/1998 2:45:00 AM
From: Gary105  Read Replies (2) of 7111
 
What I gather from the last 200 posts:

1. A lot of market data which suggest products continue to sell well.

2. A lot of investor fear and discomfort including being on Hot Subjects for the last several days (presumably because of concern about share price) - a contrary positive indicator.

3. Post from company that there has been no material changes in situation - very reassuring given fall of share price - reminds me more of SDRC scenario (where price fall was followed by gain after investors realized Asian fear was overdone) than 3COM scenario - where company finally admitted earnings shortfall after most of share price damage was already done.

4. Some product suggestions - can be looked at in various lights - given this is consumer products company it is something I would consider - who knows how company gets its ideas - but it is doing great job.

5. IP discussion - warranted I believe because of lack of language about "we believe these claims are without merit and intend to vigorously defend company's position". But subsequent comment about no material changes to announce is comforting.

6. Comments from respected long time posters that fundamental situation is better than ever.

Whats been missing:
7. More TA discussion - in light of good fundamentals it is only thing that can account for decline in price. Failure to first hold 10 and 20 d MA and then 50 d MA were the keys. Shorter has succeeded in taking price below 100 d MA and is most likely aiming for 200 d MA, but stock is very oversold. The 56ers (excellent TA) who joined the thread at 13, helped moved the stock to 15, were talked off the thread, warned of highs at 17 are now saying the following:
Message 3167882
Message 3168343

Best Regards to all,

Gary
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