Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jim Oravetz who wrote (13855)	5/25/2000 1:52:00 PM
From: JGreg	Respond to of 14266

Perhaps Lin is correct in his matter-of-fact "rational" view of things, but it's a shame stockholders of THQ have to hear from him instead of the CEO. Farrell is a worm when it comes to integrity with investors, but most people were willing to overlook that character flaw as long as he was turning in stellar Qs. Investors can ride the ups and downs of business cycles, trends, and set backs, regarding it as "risk," but what destroys the investment base is a flagrant disregard for stockholders. The question is, does Farrell disregard all stockholders? I think not. I think he just has disdain for individual investors and has always considered them to be a nuisance. Since Farrell holds so little stock in the company, perhaps others with leverage can show this worm the door. I know people will defend him for his business expertise, but it is of no value to have a sharp CEO at the helm if no one profits from the business except the inner circle.

To: Jim Oravetz who wrote (13855)	5/25/2000 5:14:00 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 14266

THQI EXECS may purchase stock soon... From Bloomberg.... THQ, the publisher of games such as ``WWF Smackdown,'' won't slash marketing or development costs as sales slow, Farrell said. Inventory levels are bloated and retailers are cutting prices on some products, he said. ``Nobody likes the situation but we're not in a siege mentality,'' he said. Farrell said he and other THQ executives expect to buy shares early next week. The company may consider a stock buyback, he said, though it prefers to invest cash in product development. ------------ The best thing to do now is buy shares cheap for later this year and next. The next wave of video game acceleration will be big. Keep in mind, sometimes when a company clears its books its because the aquirer doesn't want the liability and damage on their books. THQI is loaded with cash... No worries, just forget about the stock for 6 months and buy cheap.

To: Jim Oravetz who wrote (13855)	5/26/2000 12:44:00 PM
From: Jim Oravetz	Respond to of 14266

Semi-OT TOKYO-Sega Enterprises Ltd. posted a loss for a third straight year on Friday?.. The giant Japanese video game maker continues to struggle amid competition from rivals like Nintendo Co. and Sony Co. Sega posted a group net loss of 42.88 billion yen ($399.4 million) for the fiscal year ended March 31, matching its loss in the prior year. ??Sega's sales for the year were up a solid 27% to 272.59 billion yen?.. Its Dreamcast video game machine business in Japan was sluggish, though sales were stronger than forecast in Europe and the U.S. Much has been riding on the success of Dreamcast. Lisa Spicer, senior analyst at ING Baring Securities (Japan) said the company will have a big challenge in turning its Dreamcast business around. "Sega doesn't have a good track record on hardware," for home-use game machines, she said. "Dreamcast is yet another example." World-wide Dreamcast console sales were 4.65 million units in the latest fiscal year while Dreamcast software title sales amounted to 26.04 million units. For the current fiscal year ending in March 2001, Sega forecast sales of 336 billion yen, and net profit of 1.5 billion yen for the group. For the parent company only, it predicted sales of 240 billion yen, and net profit of 3.1 billion yen. Meanwhile, Nintendo on Friday posted a group net profit of 56.06 billion yen for the fiscal year ended March 31, a 35% decline from the 85.82 billion yen profit of the prior year as sales declined 7.4% to 530.67 billion yen from 572.84 billion yen. Nintendo reported world-wide sales of its Nintendo 64 home-use video game machine totaled 6.49 million units in the latest year. Nintendo 64 software sales were 56.7 million units and cumulative sales came to 180.6 million units. Handheld Game Boy hardware sales totaled 17.5 million units in the last year, and Game Boy software sales were 67.7 million units. Jim