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Strategies & Market Trends : Galapagos Islands

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To: X Y Zebra who wrote (8368)10/21/2002 5:27:37 PM
From: Jorj X Mckie  Read Replies (3) of 57110
 
actually, now that the war has been put off indefinitely, that is now looming overheard.

and then there is this...

17:22 ET THQI continues decline, now off 5 pts, 21.5%





17:19 ET THQI THQ Inc lowers 2003 industry growth forecast (23.17 +1.70) -- Update --
On call, says it is seeing more uncertainty than it would normally expect in the video game console category looking into Q4 and 2003... for 2003, says most analysts are projecting 20-25% industry growth rate, but until THQI has greater visbility, it is lowering its industry growth rate projections to 10-15%... THQI -4.66 at 18.51




17:17 ET THQI falls 3 pts, 13% in after hours
Competitors ATVI -7.5%, TTWO -3.6% and ERTS -3% are lower in sympathy with the THQI guidance.




17:15 ET THQI THQ Inc guides Q1 below consensus (23.17 +1.70) -- Update --
Because of the co's relatively light first quarter release schedule, THQI expects a Q1 loss of $0.10-$0.12 on revs of approx. $55 mln. The Multex EPS consensus for Q1 is $0.09.
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