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Technology Stocks : THQ,Inc. (THQI)
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To: Sigmund who wrote (2593)12/16/1997 11:42:00 AM
From: Bleeker  Read Replies (3) of 14266
 
THQI MANAGEMENT CONFERENCE CALL FROM 11:30 a.m. TODAY

Hosted by Furman Selz
Impromptu update:

--Not exposed to tech market. Thqi only has one PC product.
Thqi's focus is on the console side.

--Expect hardware price decreases in Spring, so underlying
fundamentals on the console side are improving. Prices for
harware may drop to $129 from $149 for Playstation & Nintendo.

--We had high hopes for WCW. Those hopes have been met
and exceeded, as a result 1998 will have a strong start.
Ghost in the Shell initial sell-through is encouraging.
Reorder process is five to six weeks.

--Plan to do 4 Nintendo titles and 12 Playstation titles next year.

--We're looking at over $100 million in revenues next year.

--Revenues from international sales are likely to increase from 20%
of total sales in 1997 to 30% in 1998.


cheers,
Bleeker
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