THQ, Inc. develops and publishes interactive entertainment software
for a variety of platforms including Nintendo, Sony, Sega, and pc
cdrom. They are currently one of the most undervalued of the video
game industry trading at about 1/2 of revenues and 14 times expected
1996 earnings per first call. J. Steinberg of Individual Investor
Magazine owns approximately 15% of the outstanding shares.
THQ had the number 1 gameboy game in the month of June with Disney's
Toy Story and has the license for Disney' Pochahontas and Pinnochio
games. THQ also has licensed to do 4 EA sports titles for SNES along
with 5 next generation titles including Alone in the Dark and Robo Pit
for Sony Playstation and Sega Saturn and Floating Runner for Sony
Playstation. THQ in addition has licensed with Turner to do WCW
Wrestling for Sony, Sega, and the new Nintendo 64 to be released
September 30, 1996.
First Call is expecting 35 cents per share in 1996 and THQ currently
only has 4.7 million shares outstanding. They recently acquired a
25% interest in Inland Productions and 100% of Heliotrope. |
