SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?


To: jerald morse who wrote (6143)10/2/1998 6:39:00 PM
From: Greg Albanese  Respond to of 7111
 
Jerald, with all due respect I do believe you have a vested interest in this stock going further down. That's ok after all it is another recently down trodden small cap however, charts indicate price support at the 11 3/4 level. Product is moving and manufacturing capacity is up from last year's Q4. Management team has proven capable. New designs are coming to market. Marketing lessons have been learned, Check the pricing patterns and evaluations. Run up to Q4 starts in about mid - end November (could be sooner), be there. Radica will cap a very profitable year and it won't go un-noticed.



To: jerald morse who wrote (6143)10/3/1998 2:44:00 AM
From: Quad Sevens  Read Replies (2) | Respond to of 7111
 
<<Do you guys realize Hasbro just bought Galoob Toys for cheap. The price paid was approx. 65% off its alltime high. Doesn't help with our valuation for Radica much. >>

Galoob's all time price high is irrelevant. What matters is the shape the co. was in at the time of acquisition. It was in terrible shape. Galoob was bleeding money. Revenues were going down. Yet Hasbro paid a 70% premium to Galoob's then current price (12 vs. 7)

RADAF is at about 12. A 70% premium would be a price of 20 or so. Yet RADAF is extremely profitable. So you'd have to tack on quite a bit to that, even taking into account taxes.

Wade