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


To: chaz who wrote (2807)2/23/1998 3:11:00 PM
From: Hank  Read Replies (2) | Respond to of 7111
 
Chaz,

At this point it appears that prudence is in order again as with the last time. With FAHN back in the picture, I think it's safe to say a correction of some sort will happen again after earnings. The only way I see this NOT happening is if these so called "heavy hitters" that are supposed to be buying RADAF pick up the pace between now and then and force FAHN out of their short positions.

I'm sure FAHN knows nothing more about RADAF's business than RADAF does. But they may know more about OTHER toy companies business than RADAF does. For example, I'm sure that they knew about the HAS/Tiger deal and this has played into their strategy. Who's to say there won't be another announcement that could be perceived as bad news for RADAF? I'm sure the people at RADAF did not know about the HAS/Tiger deal in advance. We can speculate all we want to but if the signs point to another fall at the end of the week, I'll step out until after the earnings announcement. Better to lose out on a pt or two if the stock continues up than take the chance of getting hammered again like last time. Just my opinion.

Hank