Radica Games (RADA) Message Board

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Non-Tech : Radica Games (RADA)

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To: chaz who wrote (6821)	5/23/1999 11:07:00 PM
From: Jay Tice	Read Replies (3) of 7111

Chaz, I have never doubted your math here. Nor do I deny that it is possible to turn 50% for 20 years. It is also possible to win 19 mil in the Powerball lottery on Wedensday. I would say that the odds of doing either are about the same. The problem with your strategy is that you are always letting the pot ride on one issue and sooner or later in that 20 years you will get blind sided by bad news. Consider this, let's say you get nailed on one of your choices at some point and take a loss of 50%. Now you have to do 200% for the rest of that year just to get back to your 50% annual target. Your projections leave no room for error. Hey Chaz, I hope you do it, but I really think you are off in La La Land here. Good Luck. Jay

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