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Technology Stocks : THQ,Inc. (THQI)
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To: Brian MacDonald who wrote (8658)11/21/1998 9:59:00 AM
From: JGreg  Read Replies (1) of 14266
 
Don't forget, that $36 target is from an office that is predicting .61 for this Q4. (I see that is up .02 since last week.) Individuals' estimates for Q4, with good logic, are beginning to far exceed that amount. I don't think it will be a question of how many barrels of money THQ makes, but how much is held in reserves this time and how they handle the increased % of earnings from wrestling titles. (We all know how that success ridiculously boomeranged before.) My point is that the $36 target is tied to the estimated earnings which are beginning to look very conservative.
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