THQ,Inc. (THQI) Message Board

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Technology Stocks : THQ,Inc. (THQI)

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To: wolfdog2 who wrote (9957)	2/26/1999 9:11:00 AM
From: Ken	Read Replies (2) of 14266

I wouldn't call 20% "anticipated slow growth". Income from operations will grow at least 20% for THQ as indicated in the CC, consistent with the industry growth rate targeted in the double digits. The stock should trade in-line with its growth rate and if that is going to be 20% in the long-term (5-yrs), then the stock should be trading conservatively at $40 not $22. Now that is significant upside. In addition, as I've stated in an earlier message and as indicated in the CC, the company expects to have a cash chest of $50M which translates into $4 per share in cash. So, you are really paying only $18 for this company today, albeit $30M is the cash balance today as indicated in the CC. That said, count on me selling some profitable technology positions in today's market to raise lots of cash to buy cheap THQ shares.

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