SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?


To: j rector who wrote (2535)2/12/1998 2:48:00 PM
From: BI*RI  Respond to of 7111
 
I was able to establish a position at 13 on the run down last month. This opportunity was commonly deemed to be due to shorts, with some options expiration influence. Well, its a month later and I'm looking to add to that initial position. While I'm willing to do it at current prices, we have, as janmike has kept up mindful, options expiring again next week. Any thoughts that we could have a dip as we did last month? Not necessarily of the previous magnitude, but somewhere below where we are presently? Would welcome any expert analysis in this area, as well as what the chartists see.

ATM



To: j rector who wrote (2535)2/12/1998 3:03:00 PM
From: SunFun501  Read Replies (1) | Respond to of 7111
 
okay...so at $3 that would give Radica Games a pe of about 5 into '98 earnings......growth rate of approximately 250 to 300%.....58mm in working capital at the end of '97 with virtually zero debt and favorable tax treatment.....
Are there really shorts out there?
What are they thinking?



To: j rector who wrote (2535)2/12/1998 3:44:00 PM
From: Wayne  Read Replies (2) | Respond to of 7111
 
I do j,
Justify, OK, I have to see Q1 before I can have that much confidence in the whole year. Not saying I do not think $3.00 is going to happen. But, if we get 0.45 in Q1, 0.40 in Q2 and a 30% to 70% yearly ratio, we have a year closer to $2.85. If the numbers on Q1 are lower and the mix does not come closer to 20%/80%, lower still. But still one hell of a growth rate and great numbers on the year.

Sorry j. After I see Q1 I'll yell $3.00 is a no brainer, but not until.
Wayne