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Technology Stocks : THQ,Inc. (THQI)

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To: wolfdog2 who wrote (13989)	12/29/2000 9:50:47 AM
From: Andrew C.R. Biddle	Read Replies (1) of 14266

RE: THDO From Fatbabies Rumors section: >>12/28 3DO Up for Sale? Trip Hawkins, CEO of The 3DO Company, has reportedly been in discussions with a number of high powered investment firms regarding his company. Speculation indicates Hawkins is trying to negotiate yet another round of financing for his beleaguered company in the hopes they may continue operations. Another possible reason for the power meetings could be discussions of a possible sale of the company (perhaps to Infogrames or THQ). 3DO’s financial performance over the past year has been dismal, as it continues to churn out iteration after iteration of Army Men branded products. New World’s Might & Magic franchise has also suffered from “quantity over quality” and that brand has pretty much been exhausted. It looks as if 3DO is going to need a knight in shining armor to bail them out of this one.<< fatbabies.com

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