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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?


To: JEFFREY S. FENDER who wrote (11147)6/29/1999 12:04:00 PM
From: AreWeThereYet  Read Replies (1) | Respond to of 14266
 
Jeffrey, these are what you had said...

>> Todd, How the hell are these going to all be sold by JUNE 30TH? <<

In THQ's point of view, the units are sold once products are shipped.

>> Now out of the 800,000 how many are reserved for in your estimate? <<

Good question. In fact I suspect the initial shipment will be 500 to 600k but again, what do I know? Do I need to know? That's not the issue? The only thing I know is Rugrat will be a megahit!

My main concerns are how does Star War doing in German? How'll Shao Lin do? How will Sinistar do? Any delay in WWF? If THQ really traded ECW for WWF dc code, how will the cost distribute in the THQ+WWF jv? Will Brian finally do something that will really improve shareholders value in current market condition?

aC



To: JEFFREY S. FENDER who wrote (11147)6/29/1999 12:51:00 PM
From: NeverRight  Read Replies (1) | Respond to of 14266
 
Sorry buddy but THQI will recognize revenue on the games shipped by June 30. They will reserve a small amount for what they think may be returned down the line. They consider most receivables as probably will be received or they wouldn't ship to those customers.
In my previous life as an auditor, it wasn't unusual to find companies who tried to include shipments from the first week in July as second quarter shipments so that they could make their number.
Bottom line, as long as it is shipped it can be counted as sales.