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Non-Tech : Radica Games (RADA)
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To: Wayne who wrote (5998)9/9/1998 5:22:00 AM
From: David  Read Replies (2) of 7111
 
Hi Wayne,
You are correct we would expect a slightly larger portion of ODM in this Q4 (mainly due to the amount of Monopoly that will be in it) and therefore lower GM. Another factor you should recall is that last years 60% Q4 gross margin had about 4% of released provision in it, so the true number was more like 56%.

Somone was asking about U-Tel and had the names mixed up. Bob Davids (CEO) put a million or so in with Jon Bengtson (Chairman) putting the smaller amount in. You will recall that Bob filed a 144 to sell some Radica shares around this time. This was the reason.

David
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