Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: larry watson who wrote (3224)	3/3/1998 1:55:00 PM
From: Hank	Respond to of 7111

Larry, I don't think so. During the CC management apparently stated that the buy back wasn't necessarily over with. I think they already purchased the majority of the approved 1 million shares but they could up that if they wanted to. I'm just saying that 15 is a support level because that is obviously were the company feels it is undervalued. It stands to reason that it won't go lower than that. I find it interesting that they spoke of acquisitions in the CC. That would obviously have a short term detrimental affect on the stock price if it were to occur. Especially if they made the acquistions with using RADAF stock. It may also dilute the earnings estimates for this year should an acquisition be done soon. The question is- who would they acquire? My off handed comment on TMAX got shot down in a big way, yet management has confirmed that I wasn't too far off the mark in my line of thinking. Hank