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

To: Sigmund who wrote (13875)	5/29/2000 3:16:00 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 14266

I too expect ERTS to warn. This from ATVI... Activision is not looking for an upturn in the market until after Sony releases its highly anticipated PlayStation 2 in the United States on Oct. 26, Kotick said. PlayStation 2 was released in Japan earlier this year. The PlayStation 2 U.S. debut will be followed by the release of Nintendo's Dolphin system sometime next year and the X-Box from Microsoft. Those releases should refocus investor attention on video game developer stocks, Kotick said. Activision stock, which has lost more than half its value in recent months, gained 5/8 to 6 3/4 on Nasdaq on Thursday, well off its year-high of 18 1/4. ``In the fall, when Sony introduces PlayStation 2; next year when Microsoft introduces the X-Box and Nintendo introduces the Dolphin, I think you'll see some renewed investor interest in this category,'' Kotick said. ``I think you'll see (industry) sales start to bounce back in calendar 2001 and resume a 15 to 20 percent annual growth rate for the next five years,'' he said. --------------- Look at the size of the ATVI write-off. On Tuesday, Activision posted a fiscal fourth-quarter loss of $53 million, or $2.07 a share, including a pre-tax restructuring charge of $70 million. Buying THQI before Oct. is a great opportunity.