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

To: swedelo who wrote (6003)	9/9/1998 3:49:00 PM
From: BI*RI	Read Replies (1) \| Respond to of 7111

Food for thought: 1) Cash used to buy back shares reduces the float 2) Low float = low liquidity 3) Institutions like liquidity Dessert: 1) Cash used for dividends rewards all shareholders 2) Shorts pay the dividends to holders of the shares for which they are short I quit doing my store visits and reports when it dawned on me that people like Mr. Davids and Pickup, and Skipard, Hank, and me were going to be the likely holders of this stock, and that Fidelity, PBHG Funds, T. Rowe Price, etc. were not going get interested until things changed. Consequently, back there around $17, the holders became Mr. Davids, Pickup, and Skipard, Hank, and no longer me. Using cash to reduce the float of a 20 million share company doesn't appeal to me at all. Neither am I interested in using a game manufacturer as second-hand investment in a technology company of which I have no understanding. Also giving me cause for concern was my purchase of In-Line Skating which revealed that it was no Fishin' game, as my house full of game-playing teenagers showed only a passing interest in it. Nor did I see much enthusiasm for Nascar when I was doing my weekly store checks. I'm still watching and really wish that I could find some reason to reinvest in RADAF. At this point, I'm glad that I just really liked the company a lot, and never fell in love with it. Marc