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

To: Sigmund who wrote (4469)	4/2/1998 11:05:00 AM
From: Bleeker	Read Replies (2) \| Respond to of 14266

As promised Sigmund, I am adding to my position today but I am glad it wasn't your shares I purchased. At $30, THQI will still have a P/E of only 22.2 far below the 28 figure we used on this thread last Fall for the industry average as well as nearly half ERTS' P/E. And we're not factoring in future earnings. I too expect WCW sales to account for a huge portion of Q1 revenues. But let's put the quarter in context. This is not the strongest one for the industry. But I am less concerned after seeing Andrew's post from the a.m. THQI is right behind ERTS in the rankings and that is not a small achievement. Still, I am reining in my expectations. I expect THQI to beat the consensus estimate of 36 cents for Q1. My conservative target is 39 cents: more than twice as high as BROD's earnings for the most recent quarter. Whatever happened to Riven? Rugrats, Bleeker