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


To: Gary105 who wrote (1730)1/9/1998 1:28:00 PM
From: j rector  Read Replies (1) | Respond to of 7111
 
Gary,

You are correct re additional manufacturing. In CC, they
said that they would be able to fully utlize all of new
space in Q4 and 1/2 in Q3.

Re stock action: I was doing some comparisons w/last year.
By end of 2Q, RADAF had been pegged for $.80, yet stock was selling at $5. Using this as an analog W/out any multiple
expansion (and assuming $2.80 this year), stock should be at
about 17.5 come end of June. With PE expansion (I assume it
has to happen sometime), who knows. I guess what I am trying to
say is that the stock is behaving very much as it did last year
in terms of PE versus forward earnings.