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


To: Anthony Marks who wrote (1702)1/8/1998 1:58:00 PM
From: Anthony Marks  Read Replies (2) | Respond to of 7111
 
>>Topic for discussion << I'm fishing for ideas.
If Radica buys back stock to control radical changes in share price the float would be reduced and the EPS would go up. What would happen if down the road when we are looking at EPS of 3.00 or so, the stock was split 2 for 1? 1.50 per share on 40 mil would not seem diluted to me. I think this may allow for maximum valuation of stock price since there is probably a psychological share price limit for a toy stock.
Talking in the future here gang.
Any thoughts? Does this sound crazy or is this posible?
Anthony



To: Anthony Marks who wrote (1702)1/9/1998 4:57:00 AM
From: David  Respond to of 7111
 
Anthony,
Any shares which are repurchased will be announced when quarterly earnings reports come out.

Best regards,

David