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

To: vc21 who wrote (3863)	3/11/1998 5:40:00 PM
From: Joseph J. Valenzuela	Read Replies (4) \| Respond to of 14266

I agree with Vic. This board should not suffer from "GroupThink." Correct me if I am wrong, but didn't WCW vs. The World put THQI on the map last year?? If Farrell willingly terminated this license with Turner, then I question his judgement. Sure, THQ wants to pursue higher margin business, blah blah blah. But, the WCW license has proven to be a CASH COW even if the margins aren't as good as Farrell would like. THQ could pursue higher margin business WHILE keeping the WCW license. Using the logic that Farrell is willing to drop profitable lines to purse higher margin business, then Farrell would have dropped the Gameboy business long ago. The WCW license makes money, plain and simple, and it's a franchise license. It's sexy. I don't know if it's just me, but I'd take WCW over Rugrats anyday. Given the 1998 lineup versus the 1997 lineup, I still believe THQ will continue to post better earnings each quarter. However, a large percentage of that growth will rest with a lame duck license. The balance sheet is still rock solid, and I still like the business plan, and I like Farrell's ability to step up in the face of adversity. But I challenge those who suggest that Farrell willingly dropped the WCW license. THQ lost it. Best regards, Joe Valenzuela

To: vc21 who wrote (3863)	3/11/1998 6:29:00 PM
From: Timothy Wojnar	Respond to of 14266

>>Re: CONTROVERSIAL:<< Yes. Totally agree with your comments today. Wall Street would have loved up. We would have loved it. Momentum would have continued with the following result: THQ would have been a player. Too bad... I've really wanted them to do another secondary and try and build up a few in-house franchises but now I'm afraid the market will balk at any offering. Maybe the climate will be better to do so after this quarter's earnings... Either way, doubtful they'll get anywhere close to what they could have got if they would have followed your plan... I'm afraid our little gem lost its brilliant shine... Regards, Tim