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

To: mod who wrote (3220)	3/3/1998 1:41:00 PM
From: Skywatcher	Respond to of 7111

Will Radica go to "college"?? biz.yahoo.com chris

To: mod who wrote (3220)	3/3/1998 2:08:00 PM
From: Wayne	Read Replies (1) \| Respond to of 7111

Dennis, I'll take a harder look at your question when I get a better chance, but keep in mind that Fishin is not just Original Bass anymore and they are continuing to expand with new games. Will lunker and the others surpass Original?, I think so. Will other games then fishin pass Original Bass?, if not this year maybe in 1999. Considering that there will likely be 5 or 6 games next year making up these sales, I am not concerned that they have a killer category. Considering that the other areas are growing as well, I see this as a Mattel/Barbie type situation. I also think we would find Radica profitable in 1998 and 1999 even if there was no Fishin' games. Something that we would has not been able to say in 1996 and perhaps 1997. I'll chew on it some more and look at the numbers more closely when I get more time. Wayne

To: mod who wrote (3220)	3/3/1998 5:10:00 PM
From: Wayne	Read Replies (2) \| Respond to of 7111

Dennis, I'd like to a copy of the transcript to pick at before I jump into the numbers for categories to far. My note are lacking in this are as I new I'd be getting a copy of word for word to work with. I see your concern and in late 1996 and first half of 1997 I think you would have had a very valid concern. It was one of mine back then. If the market is discounting Radica for the reasons you mention, then they need to take the wax out of their ears and get a new reading glasses, IMO. This is not to say you are not correct to some degree, just that that concern is a year to late. Though the rev. is from electric hand held games, it would be like saying all that MB/Parker Bros. sells is board games (something to that effect). Radica was just casino when I first bought in. Now they are a very wide range with a unique twist of 1/2 their sales being adult and 1/2 teen/kids. Having a category that brings in a large quantity of repeat sales is also very cool. Maybe I am missing something but with the growth rate of this part of the toy industry and Radica's position, it seems as simple as exposure or lack of it. We didn't have it last year and made a killing. If it is slow coming this year, we will plow along and only make over 100% anyway. same old game to a large degree. Get enough consolidation and it moves again. Rest, Report, Consolidate, Move, etc. Under valued all the way to $35 + per share. All, IMO Wayne