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


To: Marc Newman who wrote (11699)9/28/1999 7:25:00 PM
From: Brian MacDonald  Respond to of 14266
 
Marc,

I guess today everyone was focused on ERTS - +5 1/2. There was real strength in our stock all day, however, as nobody seemed to want to sell - even when the NASDAQ was down almost 60 points. Volume dried up to the point that the bid had to be above the previous trade just to try and get some action and many times the bid/ask was a 'pro' spread of 3/8ths. Finally, THQI responded favourably with the market when it began to recover and it closed up on the day - albeit only an 1/8th. Looks like we are headed much, much higher if this is any indication of things to come - also taking into account the huge short position that needs to be covered at some point.

Brian



To: Marc Newman who wrote (11699)9/28/1999 9:11:00 PM
From: Todd D. Wiener  Respond to of 14266
 
Marc-

I'm estimating approximately 300,000 units each of DD and RR for Q3, and another 200,000 each in reorders in Q4. Both have received good reviews, so Q4 sales will depend a lot on competing games and effective marketing. As far as Wrestlemania 64 goes, my Q4 estimate has been for 1 million units for quite a while. And for the GBC version, I'm looking for 400,000 units.

Considering the game's apparent superiority over Mayhem and Attitude, the growing popularity of the WWF, and THQ's historical shipments of its N64 wrestling titles, I think these estimates are reasonable.

Todd