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Technology Stocks : THQ,Inc. (THQI)

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To: Bleeker who wrote (5738)6/3/1998 4:06:00 PM
From: Frank Williams  Read Replies (2) of 14266
 
I just got off the phone with Deborah Lake. As she had stated before, they do expect WCW-related revenues to be about 1/3 (30-40%) of the total revenues for this quarter. They are "comfortable" with the analyst's prediction of revenues to be in the 16-19.5 million. They are therefore probably expecting non-WCW related revenue to be around 11-12 million (2/3 of, roughly, 17 1/2 million). This is double last quarter's non-WCW-related revenue of 5.8 million (12% x 48.4 million = 5.8 million).
I feel that the concern many have over the future loss of WCW-related revenues is out of line. THQ will bring out more wrestling-related products, and, besides, these figures indicate to me that the non-WCW-related business is doing fine.
Frank Williams
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