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Technology Stocks : THQ,Inc. (THQI)

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To: MikeD who wrote (8250)10/22/1998 9:14:00 AM
From: Kory  Read Replies (2) of 14266
 
Another nice job by THQ team. I see nothing in the financials that indicate any problem with the quarter. Cash balance looks good - financials look close to a repeat of the 2nd quarter, with slightly fewer sales.

Will still wait to see what the gross receivables and reserve for returns and accomodations are to get a feel for how conservative BF was with the late quarter shipments.

THQ continues to operate and execute a superior business model. Hope we get some downward drift so shares can be purchased more cheaply again. If not, current price is still a very good value.

Kory
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