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Non-Tech : Radica Games (RADA)

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To: mod who wrote (2205)1/26/1998 11:58:00 AM
From: Wayne  Read Replies (2) of 7111
 
Dennis,
Thanks for the correction on the number of fishing units sold. Thought I had heard 4 million somewhere.

I think we will see closer to the 8 million then 6 in 98' and though I agree 10 may be a streach, it is still possible. Consider just a 50% increase in manufacturing and if Original and Lunker together, equals the same % of sales in 98 as just Original Bass did in 97' (conservative I think). The 3.5 million is 5.25 in 98'. Now if the other two games, Deep Sea and Junior together are 1/2 as many sales as Lunker and Original we reach about 7.9 million.

This is on a 50% increase in revenues. Consider that Q1 98' looks to have ran at about 2,200 est. vs. about 950 workers (give or take) in Q1 97'. I do not have the unit/wk numbers for 97' to use aginst an estimated 300,000 units/week Q1 98'. So 10 million could/maybe happen.

Would also like to clarify something that I said earlier. OEM was 24.1 vs. 18.6% of sales 96' vs. 97'. This is sales not revenue. Even though this is the casefor units sold, OEM sales were still up 40% as a dollar amount over 1996. Some great implications on the subject, IMO.

Wish I could help with posting a table here. Would love to see your numbers. Can you cut and paste it from the word processor?

Thanks,
Wayne
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