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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (8193)4/22/1998 12:28:00 AM
From: tom r. phillips   of 120523
 
THQI (past watch list pick here) reported blow-out earnings after close: "THQI First-Quarter 1998 Net Income Leaps 802 Percent on 309 Percent Revenue Gain". (.84 vs. .12; Zacks est. was for .29). action tomorrow not easy to predict -- 88% of revenue was associated with WCW (World Champ. Wrestling) products for which license ends after this year. will new products fill the hole? etc. (stock got battered last month on news of license ending. has had a good run back up to earnings report). i think run up will continue, even with future revenue concerns. trailing P/E now ~14.

tom phillips
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