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


To: Anthony Marks who wrote (1703)1/8/1998 2:31:00 PM
From: jerald morse  Read Replies (1) | Respond to of 7111
 
David - sounds like another winning line-up of toys for '98! Though I'm not a fan of the sport, I bet the mountain bike game will take-off along with Jr. Bass Fishin which is going to be huge, IMHO. Forget buying the stock back here - my sense is that it's getting weaker not stronger in the short term. The float is so small as is; use the cash to grow the business or "book value". Of course if the stock totally breaks down - buy some as a gesture of support but you won't need to prop up the EPS with fewer shares. Greater sales will take care of the doubters. Once these motion games are advertised correctly and the kids start begging for them company publicity and share price will resume the trend started last year. The trend is our friend - and it is up.



To: Anthony Marks who wrote (1703)1/8/1998 2:42:00 PM
From: chaz  Read Replies (1) | Respond to of 7111
 
Who're they going to get the shares from? I'm not seling mine to anybody. But I'll buy yours!

Seriously, RADAF has radical share price changes mostly to the upside...what down we've seen seems pretty normal for most of NASDAQ, IMO. A smaller float would only add to volatility, and aren't other toy issues already more highly priced? What are the NASDAQ trading ranges for other companies of similar size and similar EPS? Does anyone know the NASDAQ PE? Is RADAF still so small that it doesn't yet appeal to the mutual funds?

I feel that many investors would look at the RADAF chart, see a rapid post-IPO rise, a rapid fall from grace, another rise to greater heights, and decide to speed walk the other way. Another consumer product company had a similar chart some years ago. Symbol is CPQ.

I'm not worried in the least. Chaz.