Hank, Ed,
Not understanding, or believing in TA, I don't feel
that I have the knowledge to predict short term swings
in the price. I buy where I see value. Show me another
company on the NASDAQ trading at a lower PE combined with
PE to growth ratio, and I would transfer. I've found a few
that are close, but nothing as fundamentally as good as
RADAF. I know that toy companies are expected to trade
at a discount to other issues where the growth is more
sustainable, but an 80% discount like we see today? Can't last.
If management is onto an entire new market and we don't
just have Bass Fishing, then Skip is right, this stock
should trade at technology stock multiples, not small toy
company multiples. A few more non-fishing big winners, and
it should start to happen.
Again, show me a company with better fundamentals, and I would
sell all my RADAF tomorrow and move it into that company.
j. |
