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


To: Wayne who wrote (2931)2/26/1998 2:06:00 PM
From: bajaseatrader  Read Replies (2) | Respond to of 7111
 
Think where RADAF would be if the shorts hadn't sold roughly a million shares through January. I would guess another 500,000 was shorted in February. RADAF would be at least $5-6 higher. The bright spot is they must buy back 1.6 million shares someday. That is a huge buy order considering the float .Everyday the stock increases in price the shorts must put up more money to maintain their position. When they do start buying it back RADAF may run much more than the 5 or 6.All we need is continued buying.

Stan



To: Wayne who wrote (2931)2/26/1998 10:10:00 PM
From: SunFun501  Read Replies (2) | Respond to of 7111
 
Wayne...based on Walmarts percentage of revenue and what I felt to be a potential (although extremely speculative and not necessarily educated) assumption of a target number of 80mm going forward (this number was actually originally suggested to me by someone I have high regard for)....continuing Walmarts increasing interest by 25% to 26.1% of Radica's distribution I came up with a number that I am embarrassed to write here....
however, I am reminded of something Gary said quite a while ago...
he said something like: the new manufacturing plant could possibly add up to an additional $1 a quarter in earnings....
the number is generated from Walmarts increasing interest in Radica Games and their enthusiasm over the new line....as well as the increasing interest of hassbro/mb in using Radica as their manufacturer....
Walmart was responsible for revenues of approximately 6.6mm in 96 and 18mm in 97 from my estimates and I dont believe there is any reason for that growth to slow going forward...
Wayne, please just go with me on this one...
tell me what you think the total numbers would be on Walmart producing 80mm...
worst case scenario...it'll give me something to dream about