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


To: j rector who wrote (1779)1/13/1998 1:41:00 PM
From: Gurupup  Read Replies (2) | Respond to of 7111
 
I am adding more RADAF from $13 11/16 down. It keeps coming in clumps. It is an ASIAN stock, until Asia is not the first word out of everyone's mouth each day.

RADAF,IMO, is no longer a toy company, it is now a baby technology company. With these new games, and their Virtual Motion Sensor technology, it should be viewed in a different light.As these new games hit the shelves, and people of all ages get a chance to test them for themselves, we will see the company viewed in a different light.

It is redundant to keep going over all the reasons for the decline, but IMO, when it is nothing fundamental, and in fact the fundamentals are going up substantially, then one might assume it is once again a buying opportunity.

As far as the options having any impact, I humbly disagee, as the 12 1/2's only have 551 in the open interest, and the 15's have only 599 as of this am.

It is my understanding that the Hong Kong show was very well recieved, and the distributors were very impressed with RADAF's new games. This interest should start to be reflected in the 2nd quarter, and more significantly in the 3rd qtr.

This is a better story than it was last June when I first got involved, as now we know what they are capable of in terms of sales and earnings, and with the myriad of new and exciting games, we will be going to another level, when the Asian typhoon settles down, but that is indeed what creates an opportunity.



To: j rector who wrote (1779)1/13/1998 2:01:00 PM
From: Hank  Read Replies (1) | Respond to of 7111
 
I too am placing the cross hairs squarely over the buy button but I haven't pulled the trigger yet. As they say, don't shoot until you see the whites of their eyes or, in this case, a bounce off a bottom. I'm waiting for the indicators to tell me that the selling is drying up and the price has stabilized again. Then I'll buy more.



To: j rector who wrote (1779)1/13/1998 2:54:00 PM
From: Char  Respond to of 7111
 
j rector

I guess it is called running away and living to fight another day. I sold all my shares yesterday when it fell to 14.25 and will get back in when I see a bottom. So far at 13 1/8 and still falling. I have no idea where it will bottom and I'm sure I won't get the bottom but I know it will be below the 14.25 where I got out.

Dave