To: Hank who wrote (2112 ) 1/21/1998 11:17:00 PM From: Gurupup Read Replies (1) | Respond to of 7111
IBD has a whatever rating on RADAF. It should be a Z rating. Since January 3,1998 approximately 552,000 of affiliated,non related, insider or whatever shares have been sold, as well as FAHN, and Merrill pounding the hell out of it. So much for history, in this business you don't get paid for what you know, only for what you don't know. All of this pressure has been applied to our little toy, and it still ain't broken. Now the flip side of this, is that some sophisticated buyers have been buying this stock. Why, that is the only pertinent question. I really don't care why people sell if I think I know what I am buying. But, people that really know and believe this story have put the stock away. Needless to say, I am betting with them, they haven't been bad yet. I started buying this stock in June of last year. I heard about Bass Fishing, and knew something about the management, and thought that they could earn $.70-75 per share, and it should be worth $15 on that basis. I was half right. I now think they can, or have a shot at $2.00 per share, and can sell at $30. I hope I am half right again. My point is, last June it was a shot, there was more risk then, than now. We got a whole bunch of neat new games and toys, and more on the way. If we can earn $.30 in the first quarter vs last years $.12, I can live with that. I like sequentially better quarters, I like momentum in company's financials, I like the management, I don't care about the Asian Flu, we are recovering from that. Short it, sell it, whatever, as long as things keep going the way they are, we will be just fine, and 6 months from now IBD will give us a A+, I will be long term, a lot richer, I will buy a goddamn Bass Boat of my own, I can't play the silly game anyway, and everyone will be happy,EXCEPT THE SHORTS,God love em. They will be our friends.