Okay, we were both wrong on the $30. But I got the order of the press releases right. :)
Good news--
Short interest still high :
The Wednesday, November 25, 1998 Wall Street Journal (page C22) showed THQ short interest to be 2566814 on 11/13/98, down 1.9% from the October 15, 1998 figure of 2615344. (from RRanney, I believe)
Revenge is back on the shelves, at least at TRU, plus Quest is moving:
Toys R Us--Vista, Ca--restocked with 78 Revenge today. Toys R Us Vista,CA--Quest is at least moving off the shelf. They sold a minimum of 15 last month and just restocked with 12 today.(I was tardy with my channel check and they may have sold more Quest, but 15 for sure)
The above is from Rookie, who has known Farrell for a few years, btw. It's possible that we'll see a little income from Quest this quarter.
Get out there and do those channel checks everyone!
Marc |