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


To: Todd D. Wiener who wrote (3706)3/4/1998 1:19:00 AM
From: vc21  Read Replies (2) | Respond to of 14266
 
Todd,

Wow. If you thought your estimate was high, mine is higher than yours, (within 10%). However, it is good to see that we both understand the current guidance and analysts' estimates are BS.
I'd love to take a gander at your spreadsheet :)

Also, regarding turnarounds in the industry, I have some speculative money on Acclaim. I think they are beginning to realize what it takes to succeed in this business. Given that about purchased about 25% below it's current level, I'm only looking for another 20-30% this year.

Thanks,

Vic

PS- 3DO has some "critically acclaimed" titles. I put the quotes around critically acclaimed because just like in the movie business, the "critically acclaimed" films are great flicks but they don't seem to make any money. This is what happened with Uprising. I think next-gen gave it five stars and it sold something like 40,000 units. :0 I think 3DO is a buy if it ever gets back to the $ 2 - 2.50 level. They have something on the order of 1.25 - 1.50 in cash.



To: Todd D. Wiener who wrote (3706)3/4/1998 5:43:00 PM
From: Don Westermeyer  Respond to of 14266
 
Todd,

Actually THDO's balance sheet is only strong because of it's cash position. Sales are very, very small. Don't even mention earnings - they are deep, deep into the hole. One must remember THDO needs to support 25 million shares. IMO avoid (although THQI was once in a similar situation and they turned out ok).