Radica Games (RADA) Message Board

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Non-Tech : Radica Games (RADA)

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To: BigLouie who wrote (6053)	9/17/1998 11:58:00 AM
From: jerald morse	Read Replies (1) of 7111

Chaz - I think you're right. If the company was taken private we, the shareholders, will be bought out at the lowest price management can get away with. Mid-high teens would be my guess. They are under no obligation to do otherwise. I bet I'm fairly typical of what's going on now as I've been forced to sell some shares yesterday (to Ron) to satisfy margin requirements. My own fault. Right on the company - wrong on the stock. Sometimes having too much inside ownership of a stock is a bad thing (Mr. Pickup, etc). I've seen this at work before. Funds stay away from stocks like this due to low float and uncertainty of management intention. The CC was very low energy as far as I was concerned and the report on Stealth Assault was not helpful. They can't build it in quantity at present. Hopefully, this will bode well for sales in 1999. If U-Tel could get a large contract that could become a catalyst. I just didn't hear anything at the CC that could be a catalyst for share price growth except U-Tel. I think we're seeing a "long squeeze" where we thought we'd see a short squeeze. BAH! HUMBUG!

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