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


To: chaz who wrote (3198)3/3/1998 10:42:00 AM
From: larry watson  Read Replies (2) | Respond to of 7111
 
Chaz -

I'm guessing you've put a hold on the new tractor. This is sad, but there are opportunities in everything. I'll probably die with Radica stock in hand, but I'm beginning to think maybe Ron Harvey might be right, at least in the short term.

Stan - if you're out there. This doesn't look like more shorting, but people still trying to get out with at least 17. Can you tell?

thanks
larry



To: chaz who wrote (3198)3/3/1998 11:17:00 AM
From: Scott  Respond to of 7111
 
Chaz,
I have a core holding that I don't trade at all, however, I do trade a smaller portion on the dips. I usually only do this in the 4 or so weeks leading up to earnings. This past earnings I bought at 14 15/16 on the 11th of Feb. and sold on the 27th. I would agree with your take on the P/E and am contemplating buying some more at these levels with the idea that we will see a P/E closer to the 12 to 14 range in the very near future. That would put us at $22/$23.

Just my own personal strategy. Hope it helps.

Best of Luck,
Scott