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Non-Tech : Radica Games (RADA)

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To: Wayne who wrote (3089)3/2/1998 4:41:00 AM
From: chaz  Read Replies (1) of 7111
 
Wayne: I think you may be light on the revenue for Q2 and here's why.Toy shows were held in January, new products seen then, orders taken most assuredly. Bigger orders for the proven products, strong reception for the new ones....but not recorded until shipped, mfg begins Feb 1, and common sense tells me they had chips on order to fill those orders, or at least a goodly portion of them. We'll see shipments (sales recorded) in Q2, probably much greater than Q1 because of the above, plus moving into "season" on the new pdts,more production staff available. My estimate is $34 mil on Q2, $60mil 1H and $220 mil for the year, $5.40 per share. I am moved to post this because as you must be aware, RADAF has consistently forced an upward revision of your previous best efforts, much to your glee I am sure.

Also, we gap at the open by 5 points. Gap UP that is. Chaz.

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