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Non-Tech : Radica Games (RADA)
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To: chaz who wrote (2378)2/5/1998 1:38:00 PM
From: Gurupup  Read Replies (2) of 7111
 
CNBC just had an interview with a chap called Robert Hagstrom(sp?) the author "THE NASCAR WAY", I caught most of it.

1. NASCAR is fastest growing sport in USA
2.10.5mm people attended races last year, and 150mm more watched races on tv.
3.38% of NASCAR fans are women, (my wife drives like one)
4.Many large sponsors are teeing up big bucks for sponsorship,KO is leading sponsor.
5. NASCAR is a $2 Billion business today.

He recommended 2 stocks which he owns in NASCAR industry.
ISCB sells at 34x p/e and ACTN which sells at 43x p/e, which I also own.

I am going to Daytona 500 as guest of one of the leading driving teams, and I mentioned to them the new RADAF game, and 3 of them said bring it to Daytona, and you could sell out the year's inventory.
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