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Technology Stocks : THQ,Inc. (THQI)
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To: JEFFREY S. FENDER who wrote (10799)5/13/1999 7:22:00 PM
From: Jim Munroe  Read Replies (3) of 14266
 
If you believe Todd's projection of THQ earning north of $3.00 for FY99, the share price should be in the range that Todd is estimating. If THQ grows at 30% or more per year, and the games unveiled at E3 makes that seem very achievable, the PE should be at least 20. I think Todd is projecting a rational market, something that sadly has not yet been the case for THQ. But with E3, they are now starting to come across as a very substantial company.
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