THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: James M. Chittenden who wrote (4633)	4/16/1998 6:35:00 PM
From: Bleeker	Read Replies (1) of 14266

smartmoney.com is the SmartMoney list of 40 companies trading below their current growth rates. Prudential Securities equity analyst Claudia Mott helped with the qualifying criteria. Here are some of them: earnings expansion of at least 10% using forward earnings estimates for the current fiscal year (actually very conservative for THQI), growing operating margins and debt less than 50% of total capital (THQI doesn't have any), market cap of $100-600 million. The list may have been filed after the market closed yesterday. Most of the SmartMoney Interactive edition is free. As for today's action, THQI cleared another 526,900 shares and more investors with higher cost averages moved in: a healthy sign before next week. Good consolidation and strength today in the face of a weak broader market: were investors buying only U.S. Treasuries and THQI? Even if THQI earns my conservative estimate of 39 cents next week, it should have little trouble breaking through its 52-week high and we still have very strong forward earnings momentum. If on the other hand Todd is closer with his Q1 estimate (as he has been in the past), $40 would give THQI a P/E multiple of 22. While this is still lower than the sector average, it will help shrink the P/E chasm between THQI and its competitors. Bleeker was inspired by my bearish outlook on the market early last Fall. I was bleak on the market and at times concerned about THQI's P/E of around 30 based on trailing earnings later in the Fall. THQI is financially stronger now. It's also significantly cheaper based on its trailing P/E and it is only going to get more cheap next week. Bleeker

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