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

To: Marc Newman who wrote (13851)	6/1/2000 12:48:00 PM
From: Jim Oravetz	Respond to of 14266

OT <TTWO is small enough and so dominated by PC and distribution that it appears to be staying alive (barely)> Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today announced financial results for its fiscal second quarter ended April 30, 2000. For the three months ended April 30, 2000, net sales were $70,036,073, a $17,870,741, or 34%, increase from net sales of $52,165,332 for the quarter ended April 30, 1999. Net income for the quarter ended April 30, 2000 was $3,354,211, or a 115%, increase over net income of $1,561,172 for the same period a year ago. Diluted earnings per share for the quarter ended April 30, 2000 was $0.13 as compared to $0.08 for the quarter ended April 30, 1999.... ...Ryan Brant, Chief Executive Officer, said, "Take-Two's performance in the second quarter of 2000 in many ways signifies its most important operating strides to date. During the second quarter the Company continued to show growth in all segments of it business, and most importantly demonstrated that its balanced business model can thrive in a variety of different industry climates. Put simply we continue to leverage the successes of our diverse business model into investments in next-generation gaming technologies which we believe will pave the way to an even brighter future for Take-Two."....snip... Looks like they are doing pretty well in today negative game environment. Jim