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Non-Tech : Radica Games (RADA)
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To: DYW who wrote (6466)12/15/1998 11:52:00 AM
From: Ron Harvey  Read Replies (2) of 7111
 
<< There is no reason whatsoever for this stock to close below 17 today.>>

Besides the eight or nine I can think of? . . . Gosh, I love these sophisticated assessments.

What attracted me to buy back at 16 this morning (after selling yesterday at about the same price) is that the earnings growth and prospects for more seem to reduce much of the risk of holding Radica for the intermediate term. The stock looks like an attractitive play going into January and February, regardless of what it does in the very near term. Even a trailing PE of six places Radica in the mid 14's and that's an encouraging floor. Also, it's possible that over the next week or two Radica now has enough allure to be discovered by a fresh brokerage or newsletter or two. Doesn't look like there's anything like the usual platooons of momentum players waiting to bail.
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