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


To: Bleeker who wrote (4639)4/17/1998 10:15:00 AM
From: Jeff Bond  Read Replies (1) | Respond to of 14266
 
The other comparison worth mentioning is how low THQI's P/E (trailing or otherwise) is compared to others in their industry group. Especially when taking into account the performance of the company the past 12 quarters, there is no rational explanationfor the discount at which it is trading.

StaggerLee keeps mentioning book value (and so on, etc.), but it is exactly the fact that there is such solid performance in the absence of the book figures that illustrate exactly how GOOD this management is at executing a carefully prepared business plan. For me, it is a solid indication of a level of awareness that book value just is not capable of measuring.

An issue that is going to have to be addressed soon is that the company keeps growing in terms of market capitalization. It cannot continue to be ignored forever, and the price of THQI will shoot up from the mad rush to climb aboard when this happens. Can anyone post a current institutional ownership figure for THQI?

I'm all for putting the money in the bank. I don't know what they could really invest in at the moment that is of great value, so I think having it liquid in the bank might give them the most flexibility oin responding to a bargain when one comes along (or more like this company, when they make an opportunity).

Regards, JB

P.S. Banking on $ from these 5 Rugrats - Chuckie, Tommy, Angelica, Mel, and Lil