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Technology Stocks : THQ,Inc. (THQI)
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To: wolfdog2 who wrote (12884)1/28/2000 6:09:00 PM
From: Todd D. Wiener  Read Replies (1) of 14266
 
"If they've been puttering around on the drawing board and draw a blank, I'm fairly certain that they simply expense it and close the book on it."

If anyone here remembers, THQI wrote off some project abandonment costs a few quarters ago. I think it was Dead Unity and Speed Tribes. Project abandonment costs have declined so much in the past few years that THQI decided to lump them in the royalties line.

So no one can say that THQI never writes off any failed R&D. Fortunately, it's rare.

Todd
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