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Technology Stocks : THQ,Inc. (THQI)
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To: MikeD who wrote (12868)1/28/2000 2:24:00 PM
From: Emmo  Read Replies (1) of 14266
 
""The point is that THQ sticks out like a sore thumb in its industry...and industry that is currently going through turmoil.""

Actually I think Herb's motives stick out like a sore thumb. But I wouldn't waste too much time on the guy. He keeps his job as long as he pushes peoples button and gets lots of "fan mail". That way he can show that people are reading his column. If emails stopped then he would wilt like corn in a drought.

Anyway, his argument ignores the obvious, games are the same as movie biz, a studio will get hot and have a string of hits. The former big dog will spend lots of cash and release a big flop (can you spell Godzilla?) Let's see, ERTS numbers were downgraded because "Analysts lowered estimates during the quarter in part on concern about sluggish sales of games such as ``WCW Mayhem' for Nintendo Co.'s N64." Which leads to the assumption that N64 sales are dying. But the truth is WCW Mayhem is a bomb. (recent visit to Kmart I saw a row of Mayhem games so deep I couldn't count them all). N64 game sales are great for THQ because they have a hot game. But according to the "expert" Herb that can't be, THQ has to be cooking the books, it's not fair the hot selling titles belong to THQ. Something has to be wrong. Well, sorry folks but in the game biz, if you make a good game they will buy and that's what REALLY counts. I think Herb ought to worry if ERTS has enough reserves for Mayhem returns!
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