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


To: David who wrote (1486)12/22/1997 10:41:00 AM
From: Eddy Blinker  Respond to of 7111
 
.....whenever market conditions necessitate, the sword of Damokless is now in place to chop the head off any or many short sellers, attracted by the mere appearance of a easy "pushover". A great Stein of Beer to your health RADICA for putting this market effective countermeassure into the hands of your "alerted" traders on the floor....

Eddy



To: David who wrote (1486)12/22/1997 10:45:00 AM
From: Skywatcher  Respond to of 7111
 
The entire photo and page copy from Sharper Image is available on line at this URL
sharperimage.com
or just try the sharperimage.com
head for catalog search and use the number YL204 for lunker bass.
It IS great copy
Thanks for making the buyback public after mentioning it in the CC
chris



To: David who wrote (1486)12/22/1997 8:12:00 PM
From: Gary105  Read Replies (2) | Respond to of 7111
 
David, re. the stock buyback, I would hope that the company uses it very selectively for those times when the share price is depressed rather than buying at current levels. From a financial standpoint it generally makes sense to buy shares when they are depressed and to issue shares (if needed) when they are elevated - such a strategy can improve the balance sheet and book value. A buyback at current levels would cut cash by 50% and reduce book value by about 25%. A good guideline might be what an astute investor might do - wait until the values are really compelling.

It is great to see the company have this type of issue - to be flush with enough cash to ponder when to buy back shares - and I trust that such purchases will be selective.

Best regards,

Gary