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

To: rogermci® who wrote (5980)	9/8/1998 2:28:00 PM
From: Matt Black	Read Replies (1) \| Respond to of 7111

Thanks for the explanation. I knew that sounded too good to be true, but if you're guestimate of 45% is correct for the fourth quarter, that would still be at least $1.13 for the quarter and $2.51 for the year! This still sounds pretty darn good for a company trading at about $13 1/2. That would put the PE at this price at a little over 5 ! Isn't this getting utterly ridiculous? Isn't anyone considering the fact that all these new games coming out are selling like hotcakes? Isn't anyone going to the Walmarts and Toys-R-Us's and seeing the inventory flying off the shelves? Isn't anyone considering the new GirlTech products, the Star Wars line, the Stealth Assault game, the Monte Carlo versions of Nascar and Enduro, the upcoming 25 new products? What's wrong with the investing public and the institutional investors on this one. The last time I saw a company with this kind of potential and this low a price, I made 1,000% profit on it! The stock's name, by the way, was Radica games and I bought it at $1.00 and it looks a hell of alot better at $13 1/2 than it did at that price. PE of 5???? This is nuts, people! You won't find one this good if you wait for five years! Come on fund managers, why haven't you noticed this yet? ONCE AGAIN, FOR THOSE WHO HAVEN"T GOT IT YET, THIS IS NOT A FOREIGN STOCK, THE SALES ARE ALMOST ALL U.S., THE CASH IS IN AMERICAN CURRENCY, AND THE TAXES ARE NON-EXISTANT FOR ANOTHER YEAR AFTER THIS ONE! THEY JUST HEADQUARTERED OVERSEAS FOR A TAX BREAK AND TO MAINTAIN CONTROL OVER THEIR LOW LABOR COSTS! AND THEY'RE CURRENTLY BUYING MILLIONS OF DOLLARS WORTH OF THEIR OWN STOCK BACK! What on earth does a guy have to say or do in this market to have this stock receive the respect it deserves, no, that it's screaming for!!