Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: rogermci® who wrote (1839)	1/14/1998 1:04:00 PM
From: Steve Smith	Respond to of 7111

RADAF is under 13....pretty amazing for good earnings. I guess you die-hard RADAF holders are still holding. steve

To: rogermci® who wrote (1839)	1/14/1998 1:05:00 PM
From: j rector	Respond to of 7111

I was reviewing posts in the October 23 time frame, and noticed that MLCO was dumping alot of RADAF, just prior to the HK debacle. I don't know why they are selling, but I doubt that it has much to do w/RADAF. I'll just keep averaging down if it drops another 10%. As everybody has stated in the past--when there is a big seller continually dumping shares, once they're done there is a bounce up. Is anybody seeing any change in the seller(s) action?

To: rogermci® who wrote (1839)	1/14/1998 1:47:00 PM
From: Zirdu	Read Replies (1) \| Respond to of 7111

Wow, selling is relentless in RADAF. I don't subscribe to the conspiracy theory of why RADAF is going down. I don't think it is short sellers, or the option tail wagging the stock price dog, or any of that. It is simply RADAF holders who are long, who want to sell, and are doing so at whatever price they can get. Why do they want out? I am suspecting it is a combination of factors: (1) they have huge gains having bought in at $2 to $4 last year, and want to lock some of this up, (2) they know that they will not see a 1,000% return in this stock in 1998, like it had in 1997, (3) they might believe that RADAF got lucky last year with Bass Fishing, and that this success is not necessairly repeatable. - RADAF will have to prove itself all over again to them. They worry that maybe the new toys will not sell like the ones for sale last year, (4) they worry that RADAF margins are unsustainably high, and can only go down from last year's level. (5) even at $12 7/8, RADAF is still selling at over 3 times sales. I am starting to buy more here under $13. I feel the selling is way overdone, but of course don't have any idea how much more overdone it might get. RR