SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Radica Games (RADA)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tony di fatta who wrote (3159)3/2/1998 1:52:00 PM
From: Todd D. Wiener  Read Replies (2) of 7111
 
Tony-

I can think of a few reasons.

1. Many people who have enjoyed very large gains this past year in RADAF might be taking some money off the table, because RADAF is entering a slower selling season.

2. People might be worried about the product-based risks, including copycat products, dependence on Bass Fishin', etc.

3. Technical resistance at $19.

4. Lack of US brokerage analyst coverage, and a resulting lack of 1998 EPS estimates for Wall Street to consider.

5. Slow dissemination of news. Wait a few days and see if the stock still hasn't broken out. It may not break out until an analyst initiates coverage.

Todd
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext