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: Ron Harvey who wrote (6764)4/12/1999 8:56:00 PM
From: Jerry Frost  Read Replies (1) | Respond to of 7111
 
Just curious. Is there anyone here monitoring this thread that has established a long position in radaf since Jan 1? Are there any people who have purchased for the first time?



To: Ron Harvey who wrote (6764)4/13/1999 11:59:00 AM
From: Skywatcher  Read Replies (2) | Respond to of 7111
 
I attended the shareholders meeting yesterday here in Pasadena and was delighted to finally meet David, Vivian, Janese, and Pat! It was great to see and hear them in person...get a chance to see many of the new toys...some were mock ups...and hear many exciting things about the future...
I took so many notes that it will take a while to post all the stuff.
Don't have time today...but overall the bullish sentiment has returned to me strongly...I am waiting for the MONEY to show up in this stock to once again get a nice position...till later
chris



To: Ron Harvey who wrote (6764)4/27/1999 10:08:00 PM
From: Skywatcher  Respond to of 7111
 
OK...I am going to report on the shareholders meeting...
I haven't had the time to do this, but will type as much as I can.
My wife still has shares in the company...I too sold mine for IATV until this thing shows some life again.

17.6 MILLION shares were represented at the meeting here in Pasadena!
out of 19 million, I would say that's a great representation. About 40 people were in attendance, including Todd Pickup.
Radica now has 4800 employees...produced 23 million units
Had a nice booth set up with dummies and actual units on display with the header "GET REAL...GET RADICA"
Thought that was a good header and slogan...
The Wedbush analyst, Darrin was in attendance
The entire receivables 'problem' from last quarter was addressed...
I know that at the time I was concerned with the big jump in this number...which of course coincided with the jump in shipments!
It has quickly gone from 33.2 mill to 14.9 mill in the Oct31 - Dec31 timeframe.
$10 million was spent on TV advertising last year
The one Million square feet of factory space is only carried on the books at $16 million... very cheap considering how much they can get out this facility.
Still stumped by the P/E of almost 5!
ROA equals 47%
ROE equals 59%
outstanding numbers in any company
There has been $50 growth in this hand held category.
With the change of the fiscal year...A very good idea to report in concert with the rest of the industry, should help the company be better in tune with others.
This will result in a change from a 40/60 split of first three quarters vs fourth quarter to a more traditional 30/70 split normally associated with a christmas season type company.
Pat Feely:
Hunting game is doing "extremely well" at retail.
FOUR new Star Wars games will be on the OEM menu...
The Girl Tech section (Janese was in attendance)
These games/toys are selling like hotcakes and the sales velovity figures from Toys R Us have been excellent!
The Diary and Door pass have been the hottest.
The newest product is called BUG 'EM...
This is a hybrid of the baby watching intercom...
It is a large ladybug type gizmo in the new purple and green that chirps every few seconds, but allows the girl to hear/listen in on another room! Could be trouble for adults, but that is the reason for the chirping sound to alert those in the room that it is ON and sending an audio signal to the receiver in the girl's room.

They are moving to introduce more games for launch into the second half of the year.
The overall handheld market is up over 10%!!! in the first 2 months of 99.
The Listings of the products is up 40% in the stores so far this year.
The facings are up 50% at Walmart so far this Spring and 33% for the upcoming fall season.
Buckmaster is #1 at the moment
Ultimate bass fishing will hit the shelves in MAY
A TWO pERSON game....called Manbass fishin' which allows 2 people to compete for catching fish will come out in AUGUST.
Fly Fishin' will come out in JULY.
New version of the NASCAR Racer will come out in JULY.
The new SNOWBOARD game will debut in AUGUST>
The TIGER WOODS GOLF game will come out in the fall...probably OCTOBER>this game even registers slices and hooks when you swing.
Hoping that the golf line will come to be as important as the fishing line in the future...with Tiger on board...This is a real possibility in my opinion.

As for growth projections...they are looking ahead to be at $300million in sales by 2001
They want NO product line to be more than 25% of the total sales
They are heading to have THREE Diverse types of profit units by 2001
They want to increase the global presence to 15% of sales by 2001 and it is now about 4%

The main targets are to:
#1 Build brand franchises with:
Tiger WOODS
Othello (new crossword game)
Nascar
BUCkmaster
GirlTech
Bass Fishin'

#2 They want to lead the industry in INNOVATION:
With the following:
VMS\stealth fighter etc
Velocity Sensor\golf etc
Voice Recognition\Girltech
Scrolling LCD\Buckmaster leading the way

OK...just so I don't lose any of this effort...
TO BE CONTINUED
Chris



To: Ron Harvey who wrote (6764)4/29/1999 8:35:00 PM
From: Skywatcher  Read Replies (2) | Respond to of 7111
 
Toy stores gear up for Star Wars opening
NEW YORK, April 29 (Reuters) - Toy retailers are gearing up for
midnight madness early Monday morning when die-hard Star Wars
fans finally will get to buy the new products linked to the heavily
hyped Star Wars ''prequel.''
In keeping with publicity controls on ''Star Wars Episode One: The
Phantom Menace,'' toy retailers are unable to sell any of the toys until Monday, May 3 at 1201a.m.
Lucasfilms, the maker of the Star Wars trilogy, and 20th Century Fox, the distributor, have set restrictions on theaters showing the film's previews and has placed demands on the theaters presenting the film, which opens May 19.
Hasbro Inc (HAS - news) is set to launch a line of talking action figures associated with the film. LEGO, a maker of building blocks, has a licensing deal with Star Wars creator George Lucas's licensing division to make robot toys linked to the film under LEGO's Mindstorms line.
Lucas's software and video game divisions are introducing two video games, ''Phantom Menace'' and ''Racer'' and learning software tied in with the movie.
Books and interactive banks are also part of the product lineup for the ''Phantom Menace.''
Toys R Us (TOY - news) Inc., KayBee Toys Inc, and FAO Schwarz are among the retailers planning for the midnight opening.
''Wherever we can open at 12:01 a.m. we will,'' said Denny Williams, Toys R Us vice president of U.S. sales. ''Our customers are big Star Wars fans and they deserve first crack at the tremendous amount of
product on our shelves.''
Toys R Us spokeswoman Rebecca Caruso said the company is shipping out 700 trailer trucks filled with merchandise to its stores.
''This is probably the biggest promotion we've ever done,'' Caruso said, noting that the stores will remain open through the entire day.
Laser light shows at some stores, employees dressed in costumes and refreshments will be part of the festivities.
FAO Schwarz is expecting several hundred people to line up at its flagship New York store to see its Star Wars ''boutique,'' based on the hundred people that attended the midnight opening for its ''Godzilla'' toy section last summer, FAO Schwarz spokesman Alan Marcus said.
''It will be based on customer demand how late we stay open,'' Marcus said. ''We're anticipating a huge line. If there is still a line at 3 AM, we'll stay open as long as we have to.''
chris