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


To: StaggerLee who wrote (4772)4/21/1998 10:26:00 PM
From: Jeff W.  Read Replies (1) | Respond to of 14266
 
Stagger,

<<For valuation purposes you need to treat the WCW results as a one time gain>>

This is absurd. Your statement assumes that the company would not have had any additional product to fill the gap left by WCW over the last year. That's an awful lot of opportunity cost that would have been allocated somewhere (licensing dollars, large portion of management's time, etc.)

Additionally, you continue to carry on about losing the largest money maker as if it is a one time event. Go back over the company's last three year's worth of reports...the same dynamic has occurred time and time again, yet Farrell has more than proven his ability to replace old franchises with new ones. His acquisition of Gamefx will further this dynamic in the future, as will Quest, Rugrats, Bass, Bowling, etc.

If you are going to continue espousing your bearish position (which serves as an excellent galvanizer for well articulated bullish responses) I would suggest attacking the company from a more logical and well supported angle (though what that is I have no idea)

BTW, I have yet to see your rebuttal regarding your gross underperformance of the market year to date. I don't think I've ever seen a worse stock picker in my life.

Keep up the great work.

Jeff