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


To: james r. davila who wrote (6541)12/18/1998 11:25:00 PM
From: swedelo  Respond to of 7111
 
Mr. Davila

I can't speak for anyone else here, but no, I for one will not sell any of my shares if it "inches" back up. I do have price targets and time frames, but selling on price weakness in a period of excellent fundamental strength makes absolutely no sense at all to me. There always comes a time to sell any security, but that time should be when the security is either fairly or over-valued based on fundamentals, not under-valued. Every dog has its day and as long as RADAF continues to take care of business in the manner it has the last year, their day will come. As for technicals, they are a short term traders tool which in the long run serve no real purpose. "Its the fundamentals stupid". At such time I become convinced that RADAF has stumbled and/or is not executing a wise management and business strategy, or the stock becomes fairly or over-valued, then and ONLY then will you have the opportunitty to purchase my shares!

Best Wishes,
Swedelo



To: james r. davila who wrote (6541)12/19/1998 12:48:00 AM
From: Hank  Respond to of 7111
 
"I bet 80 % of this Board will sell into strength just because of pure disgust, who wants to hold a Chinese toy company for 5 years."

And I bet you don't have a clue as to what you are talking about. I've been on this board for over a year. In fact, since RADAF was selling at $11 the first time around. Get a life shorty.



To: james r. davila who wrote (6541)12/19/1998 1:26:00 PM
From: Sigmund  Read Replies (1) | Respond to of 7111
 
<<<< But anybody want to sell me their shares at 11.00 I would be greatful, because that is where the technical support is. <<<<

I don't understand your point. Are you suggesting that the stock might get as low as $11 or alternatively that it won't get as low as $11?

If it goes down to $11, what does that tell us? Would that be a departure point for a more sustained rise or is that a sign of continuation of the downtrend? I am not a technical analyst but nonetheless would think that the jury would be out at that point.