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Technology Stocks : THQ,Inc. (THQI)
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To: Kelvin Taylor who wrote (10210)3/11/1999 7:32:00 PM
From: Jeff Bond  Read Replies (2) of 14266
 
>>Where do the analyst derive their estimates?<<

I have an affectionate acrynoym I like to use for exactly such circumstances as these recent analyst estimates, it's called PIDOOMA, which broken down means:

PIDOOMA - Pulled It Directly Out Of My Ass

I sometimes wonder which planet analysts are reporting from, or maybe it is just an honest to goodness case of PIDOOMA. Either way, the estimates appear a tad low to me, and may represent their estimation that a lack of WCW revenue is going to cause growth to slow. I don't see it happening like that, but then again I ain't no analyst :o)

Regards, JB

P.S. My use of a "tad" low is a "tad" case of understatement
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