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Technology Stocks : THQ,Inc. (THQI)
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To: CuttotheCore who wrote (7107)7/23/1998 9:07:00 AM
From: AreWeThereYet  Read Replies (2) of 14266
 
Good Morning.

Three things disappoint me this morning. THQ fails to made 40+ cents before charge. Revenue less than 30 million and WCW less than 30%. It is a 3 for 2 split, I hate 3 for 2 <g><g>. Although it is still a very strong quarter as ERTS noted "Q2 is traditionally the slow summer season for the industry".

Hopefully we can get a precise shipment of Quest64, Granstream Saga and WorldCup 64. We need to know whether sales of WCW is declining rapidly or THQ just trying to increase reserve for first half of 1999. Or in worst case (not that bad actually), Sales of WCW is inflated during Q1.

For those SMTCer, MCRL release earning:
biz.yahoo.com
"we remain cautiously optimistic for the next quarter as we have begun to see strengthening in our order patterns, primarily from Asia,'' said Zinn.

aC
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