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Non-Tech : Radica -- Ignore unavailable to you. Want to Upgrade?


To: Scott who wrote (47)10/23/1997 11:39:00 AM
From: jerald morse  Read Replies (1) | Respond to of 51
 
Scott - I would be looking for a lower PE also as nervous investors ponder currency effects on Radica. Will this raise the cost of funds for the expansion and care of the workers or will it have just the opposite effect? Won't the 3mil buy more in terms of Chinese goods and services? Until everyone feels more comfortable with the situation my bet is that we hang out between 13-15.5 for a few weeks. I hope David can help address these concerns on the other thread.