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


To: R F Phillips who wrote (2090)1/21/1998 12:07:00 PM
From: Wayne  Read Replies (1) | Respond to of 7111
 
Phil,
>>Got to be a good indicator of strong Q1 and Q2 results<<
Sure would hope so. If the stores can't keep a companies product on the shelf due to demand and the company is manufacturing at record capacities for the slowest part of the year, it says a lot, IMO.

The concern over, they could be selling more if they made more seems to crop up from time to time. I would hate to all of a sudden start hearing, "went to all of the local stores today and the SKU's were full of Radica product, no problem finding all of the Fishin games at any of the stores". I can't think of a better domestic situation for a company like Radica then when production, sales. revenue and earnings continue to grow at a leading rate, the way it seems to be doing, and the product does not pile up on the store shelfs.

That being said, I would need to see Q1 report before getting to carried away on the years numbers. I do still think $25/share is a easy target for Radica this year and think a high of 33-40 is very possible. Both being PE's of around 10 on Gary's comments and Hanks. But, Q1 will take a lot of the guess work out of it. IMHO.
Wayne