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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: - with a K who wrote (19234)	5/21/2004 5:44:17 PM
From: Paul Senior	Respond to of 78627

re: RAD. I don't have much of a guess where the bottom might be. Still holding all my 10/'02 shares. Added more 2/27/04 @ $5.58 and 3/1/04 @ $5.61. Stock seems cheap to me based on what I am hoping is the company's potential. (It's now become a cheaper stock @$4.83/sh.) I, too, don't see any "catalyst on the horizon to spark top-line growth", but for me, lack of a catalyst or stalled sales growth is not a reason to sell out. I want to see continuation of the company's turnaround efforts. I suspect the turnaround will continue to take time - two or three more years - assuming management is successful. And if the company is successful, I'd wouldn't be surprised to see RAD at $10/sh or more, again.