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

To: Sigmund who wrote (6638)	1/24/1999 3:37:00 PM
From: Ron Harvey	Read Replies (2) \| Respond to of 7111

<< Thought that was poor form by management and disloyal to their investors.>> I can understand why initial venture-capital investors might think that a company's management owes them some loyalty, but not why secondary investors (who buy on the open market and haven't done a thing to fertilize a company's existence) should expect loyalty as well as treasury expenditures to buttress the stock price (which, I believe, succeed only temporarily). Looks to me as if you've consigned at least 99% of publicly traded companies to managerially "poor form." I think that management needs to run the business and to grow it with as much efficiency, vision, and responsibility as possible. What they can do for stockholders is to vigorously toot their horn when good news is afoot. But they're not responsible for stock-market fads and vagaries, which, these days, is rather brutal with most smaller value stocks and less impressed with earnings than in former times. What could fuel a price move (given the inevitability of the investor-discouraging China connection) would be a quarterly dividend of about $.15. But they probably prefer to spend the money elsewhere. I'd guess that when Radica does move, it'll be a big jump in a very short period. All an investor has to do is to buy the day before it starts.