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Technology Stocks : THQ,Inc. (THQI)
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To: Mr. Aloha who wrote (6137)6/18/1998 5:41:00 PM
From: Sigmund  Read Replies (1) of 14266
 
<<<< I'm hoping for some really terrible news about the world economy
It could happen, but I hope you won't be too terribly disappointed if we don't feel too bad for you if it doesn't.

You may be able to buy back in at $27 but again I hope you are not too put off if the stock says aloha and goes right to $35.

It has been a good run for sure, but I think about what Bleeker has been saying. When he went on and on about PE when the market was valuing WCW revenues as salvage value, I didn't give much credence to his arguments. But now that all of THQI's revenues are from ongoing operations (even if the wrestling revenues might realistically be cut in half or perhaps only reduced by a third), the use of PE ratios makes a lot of sense to me. This PE will increase and it is difficult to see how this will be accomplished except by the price going up.

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