All,
After reading Haines' post which reminded us of BF's naturally conservative nature, I now believe that Farrell has, in his own way, been "manipulating" the stock price these last few weeks. I believe we closed last year at a split adjusted 15.33. That means we've seen an 81% price rise this year. Great by any standards (well, other than internut stocks!), but Farrell could easily have the price at 35 today had he announced shipment quantities of Revenge, Rugrats, etc., and had he announced that Thunder is available in the THQ e-store.
Had we been at 35 today, that would be an increase for the year of 128%. To match that percent increase in 1999, we'd have to get from 35 to 80 by next New Years. Possible but rather optimistic. However, to match this years' actual growth rate, we only need to go from 27.75 to 50. Certainly achievable.
Here's looking forward to several positive announcements in the next few weeks. Meanwhile, a very Happy New Year to you all.
Rich |
