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


To: StaggerLee who wrote (4573)4/12/1998 3:09:00 AM
From: Quad Sevens  Read Replies (2) | Respond to of 14266
 
<< In all seriousness, what assets does THQ have that would be worth acquiring >>

First, Wildman's statement was "For now, I think the odds are greater that THQ could be acquired." The odds for a secondary (anytime soon) could be 1 out of 1,000; being greater than that may not be worth discussing.

Worth acquiring? The main asset THQ has is Brian Farrell and his unique business model. I can't see him working for anyone else, and I can't see anyone wanting THQ without him. Maybe he'd work for ERTS or someone if they paid a zillion for THQ. Nahhh ...

Wade

Wade

Wade

Cheers



To: StaggerLee who wrote (4573)4/12/1998 10:11:00 AM
From: Wildman262  Respond to of 14266
 
Staggermeister, THQ has the same assets as the other interactive companies.
I ask you this....why is there consolidation going on in this industry? Are the EA's of the world buying thin air when they acquire? The interactive business is just a mite different than than the manufacturing segment. THQ does not have plants, real estate, or major equipment. Stagger my friend,,,, it is all relative.
Intereactive companies can and DO get acquired. You figure out the rest.

Staggs...how would you value a company like Anderson Consulting?



To: StaggerLee who wrote (4573)4/13/1998 12:27:00 AM
From: StaggerLee  Read Replies (1) | Respond to of 14266
 
>>what assets does THQ have that would be worth acquiring, let alone paying upwards of two times their recorded value for them?

Sorry, I meant SEVEN times recorded value. I can't believe nobody corrected me!

By the way, I think you could buy Farrel for a bit less than $150 million, which would be the goodwill generated on a buy-out at these levels. Unless you can tag the goodwill to intangibles other than "Farrel's such a sweetheart," (and excluding the distribution channels which a potential buyer already has in place) it's impossible to make a rational case for a buy out here. Let alone for buying the stock in the first place.