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Non-Tech : Radica Games (RADA)

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To: Irish who wrote (3318)3/5/1998 5:36:00 PM
From: Gary105  Read Replies (1) of 7111
 
Irish and all,

Theres nothing wrong with taking profits on any stock. One of the things I've noticed on these threads is that a great commeraterie exists among the posters - but that should not translate into a marriage with the stock. Personally I still hold a large portion of my initial holding, but I have sold off some on the way up, primarily for diversification so that the majority my net worth is not in Radica. I have also been writing covered calls - at times letting them take the stock from me, at times buying the calls back at lower prices or letting them expire worthless. I have done a limited amount of call purchases also and have been buying the dips.

I'm not naive enough to believe I will find another Radica, so most the profits I've taken during the last year have been plowed into BRKB
(the Berkshire Hathaway B shares) although some has been plowed into smaller companies with mixed results.

I believe there is still a lot of value left otherwise I would not be holding and buying at times and its difficult to find a triple digit grower at such a low p/e However, imo its dangerous to assume one will catch a peak in any stock.

Best Regards and investing to all,

Gary
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