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


To: Hank who wrote (1728)1/9/1998 12:58:00 PM
From: Mr Grey  Read Replies (1) | Respond to of 7111
 
This might help explain the softness of the stock.
Two people were talking about the fact that if the first 5 trading days of the year were down days then history shows that 85% of the time the market will experience a down year. One person ask the other "Does the street really pay attention to this kind of thing" and the other replied "A large percentage of the street looks at everything".
I saw this on the web on Wednesday on a financial site but I do so much reading I can't remember where I read it.

Has anybody else heard of this?

Well the first 5 and now almost 6 days of the year have been down. This combined with the financial woes in Asia is probably what is hurting our stock.

I am now almost totally in cash but will buy back in RADAF at the first signs of a runup. I like the management.
David is also OK.

Hey David how about handing out 1 option of Radica each time a person posts useful info. On second thought that might not be such a good idea. Nevermind.



To: Hank who wrote (1728)1/9/1998 1:14:00 PM
From: Gary105  Read Replies (1) | Respond to of 7111
 
Hank, my recollection of the manufacturing addition is that half of it will be available by start of Q3 and the other half by start of Q4.

Agree with you on the dichotomy between technicals (weak) and fundamentals (strong) - sooner or later they will converge. I'm still of the opinion we are seeing a seasonal factor in play. During 1997 THQI made yearly low in March and began making sequential new highs starting in June - perhaps we move things up by a month for Radica which reports a month earlier.

Gary