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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: JKraft who wrote (10648)	1/15/1998 10:04:00 PM
From: Dave H	Read Replies (1) \| Respond to of 79273

Hi Joanie, You make some great points (as always!). Your FA of RADAF sounds on target, but I don't think just seasonality can explain a 30% drop in the stock price in just a month. (~18 1/2 -> ~13) I think this stock was hyped up a huge amount, up to where earnings were released which ended up not changing the FA picture much at all (IBD EPS ranking only went from a 75 to a 76); I think the asian connections are also part of the reason for the drop; isn't RADAF a Hong Kong company? I think we should see the smart money start jumping back in right now, as the stock is back down to the valuation it had back when it started taking off in the beginning of may. If RADAF drops further at this point, I'd have to say that there's something wrong fundamentally we don't know yet. good luck to you too! -dave