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


To: Kory who wrote (4552)4/9/1998 2:29:00 PM
From: Marc Newman  Read Replies (1) | Respond to of 14266
 
THQI volume is drying up, which often means we move higher soon. The old mark used to be three days in a row of under 100,000 shares, but with the stock being on more radar screens lately, perhaps that has to be raised. We'll see, but after today we are in the week before earnings and should start to see some perking up.

Earnings should be very good--Farrell said that Nitro was selling as well as WCW and the better margins make up for the lower unit price. As we've seen, Nitro held up in Feb. and it seems that NWO is making a comeback too. We should have a large NWO reorder show up in the results this quarter, on top of big Nitro shipments.

As for the rebate question, it must be an interesting piece of guesswork. Last thing I saw was that only 10-20% of sub-$20 mail-in rebates are redeemed. Very inexpensive to offer rebates, apparently. But most of these videogame rebates seem to be in-store.

Marc