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Technology Stocks : THQ,Inc. (THQI)

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To: Jim Oravetz who wrote (10070)3/1/1999 9:54:00 AM
From: Brian H.  Read Replies (2) of 14266
 
Received this from ZACKS, Saturday morning:

ESTIMATE REVISIONS:
THQI: WEDBUSH MORGAN has reiterated estimate for quarter
ending 09/99 of $0.28 on 02/26/99
THQI: WEDBUSH MORGAN increased estimate for fiscal yearending
12/99 from $2.11 to $2.22 on 02/26/99
THQI: WEDBUSH MORGAN increased estimate for quarter ending
03/99 from $0.67 to $0.76 on 02/26/99
THQI: WEDBUSH MORGAN increased estimate for quarter ending
06/99 from $0.32 to $0.34 on 02/26/99
THQI: WEDBUSH MORGAN increased estimate for quarter ending
12/99 from $0.83 to $0.84 on 02/26/99
THQI: WEDBUSH MORGAN made new estimate for long term EPS
growth of 20.00% per year on 02/26/99

RECOMMENDATION CHANGES:
THQI: WEDBUSH MORGAN reconfirms the recommendation as Strong
Buy on 02/26/99

There is absolutely nothing wrong here accept selling, and if people want to sell, let them sell. Heck, I love sitting in a stock with a trailing PE of under 10, and a forward PE of under 8 1/2. Oh did I forget to mention a growth rate of 20%. OK, ok, preaching to the choir.

I also wanted everyone to know why we are going lower this morning. I bought some more at the open at 20 3/16, so this is expected. The stocks I purchase always go South after I buy them, so this is an expected market reaction to my purchase!

Brian H.

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