THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: Jim Oravetz who wrote (13855)	5/25/2000 5:14:00 PM
From: Mr. Aloha	Read Replies (1) of 14266

THQI EXECS may purchase stock soon... From Bloomberg.... THQ, the publisher of games such as ``WWF Smackdown,'' won't slash marketing or development costs as sales slow, Farrell said. Inventory levels are bloated and retailers are cutting prices on some products, he said. ``Nobody likes the situation but we're not in a siege mentality,'' he said. Farrell said he and other THQ executives expect to buy shares early next week. The company may consider a stock buyback, he said, though it prefers to invest cash in product development. ------------ The best thing to do now is buy shares cheap for later this year and next. The next wave of video game acceleration will be big. Keep in mind, sometimes when a company clears its books its because the aquirer doesn't want the liability and damage on their books. THQI is loaded with cash... No worries, just forget about the stock for 6 months and buy cheap.

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