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: Marc Newman who wrote (13981)	10/28/2000 12:22:58 AM
From: wolfdog2	Read Replies (1) \| Respond to of 14266

Marc, the 20% "savings" wouldn't have been worth the larger tax liability. We are at the beginning what what should be a tremendously lucrative 5 year cycle. I think the gaming stocks as a group haven't been doing well lately because of a misperception, encouraged by the financial press: i.e., that Sony's cut back on initial shipments of PSX II changes the profitability equation. To once again steal Cramer's line, this couldn't be more WRONG! Even if one million boxes had been shipped as planned, the effect of PSX II games on the bottom line for THQ and other gaming companies for Q4 would have been minimal. People forget that there are more than 50 million PSX I platforms out there. Profits won't really start rolling in for the gaming companies selling for the PSX II for another two years. This doesn't mean that it isn't important to be out there selling the games and building brands on the PSX II platform now. But real profits from the PSX II are in the future. Btw, the Prudent Speculator just raised their target price on THQ to $32. I'm sure they'll ratchet that price up over time, unless the stock gets well ahead of itself over the next few months.