SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : THQ,Inc. (THQI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Don Westermeyer who wrote (3952)3/12/1998 2:59:00 PM
From: Trippi  Read Replies (3) of 14266
 
1st quarter earnings will not make this better and the case can be made that it will only make things worse. We will blow out the earnings estimates for 1st quarter big time -- that will not be the problem -- the problem will be that at least 60% and as much as 80% of those earnings will be WCW related -- Nitro and NWO. Look at how the market is reacting when it thinks WCW is 39% of our earnings -- how will 60% to 80% in 1st quarter help no matter how high we blow past the estimates? Our first and perhaps only chance to crawl out of the trash heap will be when Quest64 is released in the second quarter -- I am long THQ -- bought it in the $7's and trying to avoid margin calls -- but get off the WCW thing -- IT IS NON-RECURRING -- no matter what we think -- that's how the street sees it-- We have to show growing earnings while we also show WCW as shrinking as a percent of those earnings -- period.

This is a great company that will recover -- but don't plan on 1st quarter earnings doing anything to get us there no matter how good they are -- they come from the wrong place -- 2nd quarter may well make or break this company -- in terms of stock price anyway.

Trippi
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext