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


To: M. Frank Greiffenstein who wrote (4874)4/22/1998 5:20:00 PM
From: Bleeker  Read Replies (1) | Respond to of 14266
 
I actually quit my financial reporting job to write a book and
trade. But I have been more successful with the second part so
far and my novel has been on hold for two months. After market
hours I try to work on the book (at least in theory.) So I won't
be able to help.

I will give everyone a heads up when my novel makes the NY Times
Book Review and I clinch the Pulitzer. But I'm afraid it will
probably be only after THQI's P/E climbs to 23 as we get closer to
Q2. It should.

A P/E of 12.8 for a growing company in a growing industry is a rare
buying opportunity. Probably much stronger now than at any other
time in the last three years. THQI's P/E has rarely been this low
in the past three years: that's why I'm considering going in much
bigger this time around with forward earnings so strong. $2.50 seems
very conservative and doable this year. Notice how Farrell may delay
the GAME FX release into Q1 because he thinks that the existing Q4
line up is already very strong.

A brat and a Berliner Weisser would go down nicely. How about a
Bundesfleush (Swiss smoked ham I think)? By the way, are you
compliling a comprehensive listing of dim sum recepies?

Bleeker