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

To: Todd D. Wiener who wrote (3587)	2/26/1998 1:26:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 14266

Off Topic I've been recently interested in determining if there is a lag between when good news is announced and the stock starts making its move and the initiation of the move up in any stock warrants the issue may have. I noticed this in a couple of stocks but don't know if I was just lucky or it was a reliable pattern. It would be a great way to leverage a move up if there were even just an hour os so of a lag to allow you to catch more stocks. Do you have any observations on this phenomena?

To: Todd D. Wiener who wrote (3587)	2/26/1998 2:17:00 PM
From: RealMuLan	Read Replies (1) \| Respond to of 14266

Apparently, Briefing.com has the same opinion with you on EIDSY: EIDOS PLC (EIDSY) 18 -1/8: Here, is your classic case of "buy the rumor, sell the fact." This morning, Europe's largest publisher of entertainment software reported blow-out earnings. Using yesterday's British pound/US dollar exchange rate, Eidos earned $1.78 a share for the 4th qtr. These results were almost double the Zacks earnings estimate of $0.91 (1 analyst surveyed). With the shares of U.S. game maker THQ (THQI 31 1/8 +1 5/8) having run almost 6 points yesterday, on what were, arguably, less impressive results, Eidos shareholders were expecting a big pop in price today. Obviously, that is not what they got. What happened? Andrea Williams is what happened. Earlier this week, the Volpe Whelan analyst reiterated her "strong buy" rating on Eidos. The move sparked a rally that pushed EIDSY up 11% ahead of the earnings report. What's more, along with the reiteration, Ms. Williams said she expected the company to beat her earnings estimate by 40 to 50 cents, on a $6-$10 million upside surprise in revenues. Although Eidos still managed to obliterate the "whisper number," Ms. Williams' pre-earnings comments stole the bang from the numbers. Today, the Eidos shareholders whom were not aware of the analyst's actions earlier this week, are left scratching their heads, wondering why THQ was able to make a move, while their stock has been a dud. Now that everyone knows why EIDSY fizzled out today, let's see how the company's numbers match up against those of THQ. Fundamentals FY98 Earnings Estimate: EIDSY= $1.23; THQI= $1.18 Price/Earnings Multiple: EIDSY= 14.63; THQI= 26.38 Long-term Growth Forecast: EIDSY= 25% per annum; THQI= 25% per annum Price/Earnings Growth Ratio (PEG): EIDSY= 0.58; THQI= 1.05 Conclusion: Based on the fundamentals, Eidos offers far more bang for the buck. If not for Ms. Williams' comments earlier this week and the fact that daytraders had to take the time to convert pence into dollars, this stock would have done extremely well today, particurly after THQI's showing yesterday. However, as a longer-term play, the numbers speak for themselves.

To: Todd D. Wiener who wrote (3587)	2/26/1998 2:40:00 PM
From: Don Westermeyer	Read Replies (2) \| Respond to of 14266

Todd, I can't believe StaggerLee shorted this stock. Actually I shorted a lot of the same stocks that he (she?) has. SL evidently did not look at fundamentals at all in shorting THQ. THQ has not been a good short candidate for a very long time. Jeez, I was buying it as a value (low PEG) stock! To be honest I'm feeling the stock price of THQ is now over-valued relative to many other stocks. Expectations of THQ are now pretty high so IMO it is time to take some money off the table. I may take a look at EIDSY. Thanks for all your input and the tip of EIDSY. Don

To: Todd D. Wiener who wrote (3587)	2/26/1998 4:09:00 PM
From: Jeff Bond	Read Replies (1) \| Respond to of 14266

Stagger Lee : Favorite Stocks - Ones that disappear. Jeff Bond : Favorite Shorts - Ones that disappear. HAHAHA, ain't seen Stagger, is he out back with my missing Tom Cat? Regards, JB

To: Todd D. Wiener who wrote (3587)	2/26/1998 7:27:00 PM
From: Tom Steele	Read Replies (1) \| Respond to of 14266

Todd, first of all let me thank you for your guidance and advice over the past few months. Due to the success of THQI over the last year and especially yesterday, I am rewarding myself with a subscription to S.I. and thought it only appropriate that my first post be a personal thank you to yourself. Wishing you continued success and good health. Tom Steele

To: Todd D. Wiener who wrote (3587)	2/27/1998 12:08:00 PM
From: Dave Hanson	Read Replies (1) \| Respond to of 14266

* OFF TOPIC * EIDSY Hi Todd, Earlier you mentioned that you viewed EIDSY as a trading rather than investment opportunity (vs. THQI.) Are you eyeing a particular time frame or price level to get out? I'm pretty green on the gaming industry, but EIDSY's current numbers and near term prospects are certainly impressive--esp given its forward PE and PEG. Any amplification on distinctions between these holdings or factors you see as unique to EIDSY would be most welcome. Thanks, Dave