Don, THQI's current p/e is around 18.80. I expect it will expand to 22 in next couple months. $40 in 6 mos should be very very very conservative.
btw, last year we only have one new WCW and one old WCW and a bunch of small titles, we had 0.56 EPS. This Q we have Devil Dice, G. Darius, Bass Master, Brunswick, WCW Revenge, Thunder, re-release of World Tour, Rugrat (PSX and color GB) and re-order for Quest 64... I bet we will see at least 80 cents this Q. If Rugrats pick up stream, we may even see a magical $1.00/shr! (okay, okay, I will stop dreaming...) Of course, assume there is no significant increase in reserve.
aC |
