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

To: j rector who wrote (2165)	1/23/1998 2:23:00 PM
From: jan_mike	Read Replies (1) \| Respond to of 7111

The second date is options expiration date. The logic is that two months ago the price mysteriously and dramatically altered to about 15.00 on that day. This month the price got pounded down to around the 12.50 mark for that day, then bounced up to around 15.25 an hour later. Don't crucify me on those numbers, I'm approximating from memory. My original theory for the December movement appears to have been off base. My theory that the same manipulation would be done again for Jan. was on base. I posted what I thought would happen, and bet a few dollars in calls on it this time. If Fahnstock is still around, I feel safe predicting the same pattern again for Feb. This time I'm going to have some serious cash available. If this stock gets pounded down under $13 again, I'll buy April 15 calls until I run out of mattress stuffing. My completely unfounded, unresearched and unsupportable feeling is that the Radica buyback that folks were hoping for is taking place. They would try to buy it at below market value, and it takes FAHN type muscle to pound it down that far. My second belief is that if the company thinks it's a good deal at those levels, everybody else should too. I can't imagine any serious Radica investors selling out at these prices, but us call writers don't mind. It's the safest 5% around. That's my reasoning, feel free to crucify it! Better look at my results flipping those calls last month first. Best investing to all, Mike