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Technology Stocks : THQ,Inc. (THQI)
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To: DAVID BANISTER who wrote (4770)4/21/1998 10:13:00 PM
From: StaggerLee  Read Replies (1) of 14266
 
You know, I wouldn't be too excited if I were long here. For valuation purposes you need to treat the WCW results as a one time gain, as though they sold a building. Let's not start multiplying it by 23, lol. That's embarassing to even read.

Looking at "continuing operations," revenues dropped by 50% to 1996 levels! Outstanding shares have increased by 25% over last year. Meanwhile, the stock is about 8 times more expensive than it was in 1996.

And when are you people going to stop paying attention to Wedbush?
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