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

To: Dennis J. Harris who wrote (6586)	12/28/1998 8:24:00 AM
From: Walker	Respond to of 7111

FYI----- "By Thom Calandra, CBS MarketWatch Last Update: 2:32 PM ET Dec 24, 1998 Columns & Opinions SAN FRANCISCO (CBS.MW) -- No, I'm not going to give you the 12 Best Investments for '99. Tough jelly beans. Much as I like to read Money magazine, I have to say: there are no 12 best picks for an entire year. The way markets trade these days, it's more like the 12 best investments for the next hour. Internet mania has a lot of folks wondering who will be left holding the bag if and when Web shares evaporate: Main Street or Wall Street? Maybe a better question to ask is: Why? Why should Internet mania come to an abrupt end? After all, unless someone's numbers are wrong, Internet-enabled investors now account for about a quarter of all trades in the U.S. stock market. Unlike the Christmas goose on your table, that portion can only grow. Maybe the best advice for investors is to seek cheap. What's cheap? Companies with earnings. Gold. The next Internet franchise. Any stock scheduled to appear in Barron's weekend newspaper -- before the weekend. INTERNET: Look for the next Web franchise, says BancBoston Robertson Stephens analyst Keith Benjamin. The next "Costco of the Web," as Benjamin puts it, is probably not yet a publicly traded stock. Take a look at BuyComp at www.buy.com, NetMarket at www.netmarket.com and ValueAmerica at www.valueamerica.com. I licked my chops when I saw ValueAmerica's Lazzaroni Panettone Amaretto -- holiday cookies for $8.99. Buy.com's model is simple: sell products at or below cost and instead reap revenue from on-site advertisers. ValueAmerica this year filed for an initial public offering, then postponed the Robertson Stephens-led deal. If you don't want to own a stock that could rule the Web world, take a look at companies that focus on narrow electronic-commerce categories, Benjamin says. Like Preview Travel (PTVL) and Cyberian Outpost (COOL). OFF THE INTERNET: Seek cheap, right? One stock takes the panettone for prompting phone calls, faxes and e-mails to my San Francisco and New York desktops: Radica Games (RADAF). This one from MarketWatch.com viewer Jeff Loeb is typical: "RADAF just reported 1998 results and their stock went down on record sales and earnings. Current P/E of 6 or 7. Is this the top of a mania when these kinds of stocks go down and the Internet stocks with no earnings fly up?" What can I say? The maker of handheld games like Bass Fishin', with operations in southern China and Hong Kong, seems to be printing money. Maybe investors are just taking their money off the table. The stock, after all, was 1 3/4 on Dec. 23, 1996. Now it's about 15. Where else can you find gold? Well, lots was made about Thomas Kurlak's upgrade of Intel (INTC) this week." Maybe this will help move the stock. Nothing else has been working so far. Jeff