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

To: swedelo who wrote (6135)	10/1/1998 7:03:00 PM
From: jerald morse	Read Replies (2) \| Respond to of 7111

Well, we've had the halfway to the goal theory taking us below 16 so I will propose the stock "returns to trade at its long term average" theory to get us back to around $6.00/share. As I said long ago - the stock buyback was a BAD use of shareholder dollars. It can't support the price because there is no support for the price. The cold facts are that neither "Trailburner" nor NASCAR took off the way we had hoped. Earnings comparisons are going to be tough if economic conditions get worse. By now, for a percentage of the stock buyback, Radica COULD HAVE BOUGHT A NASCAR CAR with Radica all over it!! We're in deep dog-doo; tax loss selling is not going to be a pretty picture here.