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


To: j rector who wrote (1928)1/15/1998 4:52:00 PM
From: Wayne  Respond to of 7111
 
Just trying to get a fresher subject started here. I am still recalling post #1450 on the 19th and realize we won't know if the conversation on shorts or whatever is worth it's time untill when it does not matter any way.

I am guessing that we start back north next week and cover a 20-25% area in a reasonable period of time (1-2 weeks), rest in a narrow range of 5-10% for a week or so and then off to pre- earnings of $18-21 for a PE of around 10 to 12 post earnings (not finial yet).

Was 300,000 units per week at CC and sounded like 400,000 per week was close to the max that Q4 may have been, so some conclusions can be drawn but already asked some time back about current levels and was told that it can't be given for competative reasons, as I thought would be the case. It's not Radica's job to try to estimate earnings, as you know. Their job is manufacturing and marketing product, as well as development. When they do their job the stock price takes care of itself. This was pointed out at the last shareholders meeting and has proven itself to be the case over the year that has gone by. That is not to say a company does not have an obligation to the shareholders. Radica has been very helpful to us and David as well as his and others tolerance is very much the proof of that.
Wayne