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


To: chaz who wrote (3275)3/4/1998 5:18:00 PM
From: Wayne  Read Replies (1) | Respond to of 7111
 
Chaz,
Real quickly, as I have one foot out the door, Q4 was closer to 400,000 unit/wk, Q1 was 300,000 and Q2 is at 380,000. Q4 was more or less max as I understand it. I asked if they are expecting to max capacity and have to add on in 1999 again. Did not think that would be the case. Also as I understood Mr. Feely, Double the size is not double the capacity. That being said, you make a good point on margins over Q1, Q2 and Q3 but I think expecting better then 60% in Q4 won't happen. The clincher will be OEM as a % to some degree. Might be worth working earnings backwards with say 56% Gross margin as an average and the same 26%/72% ratio as last year. I am guessing better rev in Q2 then Q1 for the first time but does not sound like 30% better. Real quick look and very dirty, Q1+Q2= Q3, Q1+Q2+Q3=Q4 based on last year. For what it is worth.
Wayne