Wolfdog,
I listened to the CC and BF replied that he saw no problem meeting 20% growth rate Bottom and Top line) based on around $1.75 - $1.80 EPS(Minus the NOL). He then stated that they still had NOL and that NOL would be used. He also made a comment about not elaborating further on that because he felt that THQ was not being treated fairly (I am assuming he is talking about the streets valuation). That being said, we know THQ will beat the numbers as BF says, and do it handily. They already stated that 1st quarter sales are much stronger than even they had expected.
I have been in this stock for over three years now and it is the same every quarter, but this stock does trade higher, and it will do so again. Until we hear something alarming from BF, this is one of the safest value plays out there.
There was absolutely nothing negative in that CC. Some people on this board have obviously not listened to conference calls from companies that are having problems. I have been in ASND, LSI, and NSCP over a year back when they had some seasonal problems, and those CC's were not very enjoyable to listen to.
If you are a short term trader and the stock didn't bounce, I am sorry for that, but as a long term trader, this stock is a gem.
There are 4 strong buys on this stock and I am sure that next week and next month there will still be 4 strong buys.
Good Luck to all.
Brian H. |
