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Non-Tech : Radica Games (RADA)
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To: rogermci® who wrote (5971)9/8/1998 11:40:00 AM
From: Sigmund  Read Replies (1) of 7111
 
<<<< Sig...Oh ye of little faith.<<<

I have no choice but to respond to what I see. The company is great but the stock has shown itself to be in a downtrend. Company decided not to support the price a while back when it might have been forming a double bottom.....but they let it go through that support point IMO creating this very bearish chart.

Who knows what is behind it? There probably is something.

The company will IMO continue to do very well. Christmas should be a blowout. But what good would crying about a stock going down that should be going up do for me? I prefer to wait until I understand what is happening here before commiting any major investment dollars.

I may be wrong about the last quarter but I remember the stock already going down before David's comments. But perhaps I am losing it. I wouldn't doubt that.
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