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


To: Gary105 who wrote (1512)12/23/1997 3:53:00 PM
From: Tensane 1  Read Replies (1) | Respond to of 7111
 
Gary, Isn't a shame that a company with the track record of this company in growing earnings at such a fast pace is at this price level? I agree that a lot of it is because of the selloff phenomen of earnings, and that people think it's a fad, but there's also the Asian problem. People always lump companies together, and say it's an Asian exposed company, not really digging into the specifics of the company--fact is,a devaluation in currency would help labor cost. Most of the problems that I see in HK is based in banking and real estate, as in too high of prices, not to do with manufacturing in China. I know one thing for sure, if it was an American based company, it would be followed by a brokerage house or houses by now and probably be trading at a considerably higher price. I have no intentions of moving on, there's great value here, and I'll stick around until there are any fundamental changes with the company, which I don't see happening for a long time.