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


To: Ron Harvey who wrote (6032)9/14/1998 9:18:00 PM
From: golfaholic  Read Replies (1) | Respond to of 7111
 
only time will tell ron. one flaw in your reasoning that tax loss selling is done....why not wait for the companies best quarter before deciding to sell. i'd rather pay the taxes on a gain if i could. however; with this one, i don't feel very confident that i'll be getting back my initial investment. the only people to sell now are those trying to free up margin pressure or looking for a fast mover on an earnings report. no tax loss selling has taken place yet. i don't need a crystal ball to tell you that offsetting gains has not begun.



To: Ron Harvey who wrote (6032)9/15/1998 1:37:00 AM
From: StaggerLee  Read Replies (1) | Respond to of 7111
 
What "buying opportunity?" For RADAF to advance they need to produce games which significantly surpass their one-hit wonder, "Lunker Bass Fishing" by significant amounts. I'm talking GROWTH, not matching revenues. Let's face it, after this Christmas the fishing games are going to be a mid-90's relic like Rock'm Sock'm Robots. What's going to produce even more revenues and earnings next year? Any chance that '99 revenues could drop by 50% or more?

This company isn't making Prozac. It's not making Corn Flakes. You people trying to assign PE ratios to earnings from diminishing product lines are setting yourselves up for a huge let down. It's like all the THQ groupies expecting Q1 '99 to surpass this year's one-time WCW windfall. Ain't gonna happen. Take the short-lived gains, assign them a PE of 1, and then re-run your valuations. You'll be surprised at how little these companies are really worth when you exclude their fading cash cows.