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


To: THESTOCKMAN who wrote (6431)12/10/1998 11:09:00 AM
From: Hank  Read Replies (2) | Respond to of 7111
 
Stockman,

As far as I know, there are three reasons why RADAF is selling at such a low valuation:

1) They are still viewed as a one product company and until sales figures on their non-fishing games prove otherwise, this is not likely to change.

2) They have no major analyst coverage. There are some minor ones following but none of the big guys. The view is that since they are cash rich and do not need investment bankers for acquisitions, the large brokerage houses do not have a reason to cover RADAF.

3) They don't sell product on the internet or openly tout their web sites. Everyone knows that all they would have to do is insinuate that they are internet oriented and the stock would fly.

Stocks like this require extreme patience or agile trading to make money. Take your pick as to which path to follow. Eventually they will be recognized for the growth stock that they really are but this still make take longer than any of us would like.

Hank