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Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?

To: Gary105 who wrote (6905)	10/1/1999 1:13:00 AM
From: Skywatcher	Respond to of 7111

Agreed...the new games and groups they have gotten on board have yet to play out. Watching closely now! Head on DOWN and I will be there chris

To: Gary105 who wrote (6905)	10/1/1999 8:32:00 AM
From: vampire	Respond to of 7111

I agree that things seems to be turning around for the company - what do you think a good entry point is? - would like to see more volume Harris P.S. thanks for condolences, but my brother is a big yankee fan so I can't go there - how 'bout devilraysin5?

To: Gary105 who wrote (6905)	10/1/1999 11:38:00 AM
From: Skywatcher	Read Replies (1) \| Respond to of 7111

Radica Cast Away By Dave Marino-Nachison (TMF Braden) October 1, 1999 Production problems are probably the last thing a toy maker wants to report with the mania of the shopping season around the corner, but that's just what Radica Games (Nasdaq: RADA) reported last night. The Hong Kong company, maker of electronic handheld and tabletop games -- including the popular "Bass Fishin'" handheld games -- said after the market's close that the recent earthquake in Taiwan has fouled up the works at several of the factories that make components like microprocessors and liquid crystal displays (LCDs). With power failures and communications problems still looming in Taiwan today, Radica said it's having trouble gauging the status of some of its purchase orders and, as such, the disaster is likely to have "an impact" on results through this year and possibly the next. More details weren't available, but the company pledged to provide updates "as conditions stabilize." "Our production lines are currently operating normally from existing component stocks," said Radica CEO Pat Feely. "However, October and November are heavy production months and may be significantly affected." The shares started heading downward almost immediately today, losing more than 12% of their market value by midmorning. And despite the company's best efforts, it seems very likely Radica won't be able to deliver on the second-half growth it and the one analyst currently reporting to First Call, Wedbush Morgan Securities, were hoping for. The brokerage's estimate for the third and fourth quarters totaled $1.05 per share, up 35% from $0.78 last year. So a return to last year's holiday-season highs seems unlikely; the shares took a dive this spring as the company's results couldn't keep pace with year-ago comparisons driven unseasonably high by 1998 product introductions. But despite today's disappointing news, there's considerable reason to believe Radica is poised to return to creating value for shareholders next year and into the future. In early July, Radica struck a deal with Electronic Arts (Nasdaq: ERTS), a leading video game maker known for its sports-related offerings, giving Radica exclusive rights to market EA Sports-branded handheld games and the right of first refusal for all properties for handheld games in the Electronic Arts product line. Coupled with the license to develop Tiger Woods-branded products, acquired in April, Radica appears likely to sport an enviable lineup next year. Radica agreed in June to buy U.K. game controller supplier Leda Media Products -- which has strong market position in the U.K., France, and Germany -- announcing plans to introduce the Leda product line Stateside in 2000. Then there was the deal with SloaneVision Unlimited to market electronic inspirational products based on the "Chicken Soup for the Soul" franchise. All told, Radica is expected to launch nearly twice as many new products next year as in this one, and with every new alliance and license agreement, the company not only stands to boost sales but reduces its risk to revenue letdowns based on the individual trends that drive product popularity. When all of the above is taken in combination with an active share repurchase plan and a good-looking balance sheet, even after the Leda announcement, Radica could provide an interesting opportunity for investors -- particularly with the market likely to frown on short-term events. chris