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Technology Stocks : THQ,Inc. (THQI)
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To: Richard G. Woodland who wrote (7611)8/20/1998 12:23:00 PM
From: AreWeThereYet  Read Replies (1) of 14266
 
Richard
Not very long ago, peopler said that WCW is the biggest source of revenue (over 80%), now Quest64 (46.2%). Don't you see THQ is replacing source of revenue steadily? I (and all) appreciate any bearish argument which make sense but no bashing please.

Andrew,
Exactly, Acclaim's ASB was either #2 or #4 in June but #14 in July (lower than Quest 64). Also keep in mind that July sales is boosted by the new lower price of N64 and PSX 5501 by roughly 20%.

Steve,
I am not worried at all but some folks here definitely do. So I put it down as others' sincere bearish argument. :o)

I think 14 quarters consistent operating performance are not enough to convince the street that THQ is a great investment. I guess the street is waiting THQ to create another mega-hit (million+ unit) franchise other than wrestling. At that time, I am sure the big guys will join the party. So far Pax is disappointing, Quest64 only meets expectation. We still have Brunswick, Bass Master, Rugrat for this year. I also think Devil Dice and Shao Lin can be a surprise hit.

--
A side note. FBR downgraded WavePhore (WAVO) yesterday and this morning WAVO official issued a press release to responds the downgrade. While this may or may not help the stock price but isn't it nice to see mgt responds pro-actively?

aC
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