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Non-Tech : Radica Games (RADA)
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To: chaz who wrote (2999)2/27/1998 6:10:00 PM
From: jerald morse  Read Replies (1) of 7111
 
I find the Dito announcement to be a wee bit more than coincidental coming on the Friday before earnings. People forget that the short game on a small float stock can be played nasty from the long side as well. Particularly by people familiar with what the numbers are going to be. Longs with deep pockets (including Radica) can make short butts twitch when they want to tighten the vise. My bet is that we're going to get analyst coverage after this report and the half-baked short position is going to crumble from its lack of true DD. What's in it for the brokerage house would be a small secondary offering later in the year that would be viewed very bullish, IMO, by the street at that point in time.
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