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Non-Tech : Radica Games (RADA)
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To: SunFun501 who wrote (2243)1/28/1998 11:11:00 AM
From: Wayne  Read Replies (1) of 7111
 
SunFun,
Tough question. In general, UP! How far depends on when and how fast they cover. If there is 15% to be covered and it happens in a very shot period, while we are on the pre earnings run, a big difference. After report when the dust has settled, and in 2-5% per week could look more like stability at higer prices with some lighter movement up. Still very good for us and meens the shorts are paying a max for waiting that long instead of doing it now and getting it over with. The train isn't just running over the bastards, it's backing up to see if it killed what it just hit. It's hard to say and requiers a lot of speculation from, what % to, how they will time it. Maybe they short another round at higher levels, trying to avarage where they have to buy back to break even (now their on the track at the cattle crossing if they do), who knows.
Wayne
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