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

To: Double Dipper who wrote (2987)	1/10/1998 3:20:00 PM
From: Wildman262	Read Replies (1) \| Respond to of 14266

Anyone long on Thq should review a few of the quotes that Haines posted over on Motley. They were from some nobody.....Peter Lynch. Stay with the quality companies!!! "Never invest in any idea you can't illustrate with a crayon" "You can't see the future through a rear view mirror" "The extravagance of any corporate office is dirrectly proportional to management's reluctance to reward shareholders" "Never look back when you are driving on the autobahn" "The best stock to buy may be the one you already own" "If you like the product, chances are you'll love the stock" "Unless you're a short seller or a poet looking for a wealthy spouse, it never pays to be pessimistic" "Investing is fun, exciting, and dangerous if you don't do any work" "your investor's edge is not something you get from Wall Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand." "Behind every stock is a company. Find out what it is doing." "The biggest losses in stocks come from companies with poor balance sheets." "Sell a company because the company's fundamentals deteriorate, not because the sky is falling." "Dismiss all forecasts and concentrate on what's actually happening to the companies in which you've invested." "Time is on your side when you own shares of superior companies" and my favorite...."Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100 percent correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies."

To: Double Dipper who wrote (2987)	1/10/1998 4:55:00 PM
From: Todd D. Wiener	Read Replies (1) \| Respond to of 14266

I still expect .70 for Q4. If THQI can achieve these numbers (possible, but not guaranteed), and the stock remains around $20-23 for the next several weeks, we will see a buying panic when the Q4 results are released. Even though this the readers of the SI and AOL threads may be informed, don't be so sure about Wall Street. THQI is still relatively unknown, with only 3 brokerage analysts following it. THQI's rarely ever mentioned in an article about video game companies (perhaps because THQI is classified as a Travel or Toy stock). If THQI reports a 50% upside surprise in February, with an earnings increase of more than 400%, the stock will jump into the 30s very quickly. I'd be very surprised if this doesn't happen, assuming THQI makes my estimates. I think that THQI needs to report at least .55 in Q4 to rise substantially and sustain the rise. A few quarters ago, I said that THQI would begin to report earnings on a completely new level beginning in Q3 (but since Pax was delayed, it's now Q4). I believe I used the phrase "earnings explosion" to describe the next several quarters. It would correspond with the stock price embarking on a "higher degree of uptrend." In other words, if you were to have extrapolated a trendline from 1996 or 1997 into the future, it would not reflect the substantial earnings growth during the next few years. In order to reflect the expanding earnings, the long-term uptrend would have to become more vertical in slope. I mentioned the long-term head-and-shoulders bottoming formation, and its likely termination at $13. Sure enough, when THQI broke $13, it increased its rate of ascent. It retested $13 in late October and has rebounded. The stock is only resting before its next explosive move upwards. This should happen in February-March, ASSUMING the fundamentals continue to "explode." I truly believe that THQI's "new uptrend" has only recently begun. Assuming fundamentals continue to improve at their current rate, I don't anticipate THQI peaking for another 2 years, at maybe 3 times its current price. If I believe all of this, why did I recently sell some stock? Because I can certainly be wrong. But I'm still holding over 96% of my shares. That's a fair assessment of my confidence level in THQI. Todd Also- We may see a press release this week for Nitro.