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Technology Stocks : THQ,Inc. (THQI)
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To: AreWeThereYet who wrote (4751)4/21/1998 9:22:00 PM
From: Bleeker  Read Replies (2) of 14266
 
Nice one Andy. S.R. let's see what we are going to get first and
let's see what Farrell has to say. My targets tend to be mercurial
and change day to day. One thing that is constant on a stock is its
trailing P/E and industry average. That's why I prefer looking at
P/Es more (and that's not the only thing). We'll have a clearer
comparison of THQI's trailing P/E and the sector average soon: it's
more important to me than if we get 32 cents, 36 cents or my target.
You have to remember that this is an off season. I have brought out
this point before.

Forward P/Es are a bit more difficult to figure out but that's why
Todd is here. If THQI beats Q2 estimates of 14 cents from a year
ago, THQI's P/E would drop even more. With Bass Fishing, NWO and
Quest on store shelves it will not be a mammoth hurdle. Patience
Grasshopper (sometimes I have to remind myself.)

Bleeker
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