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

To: Sigmund who wrote (4875)	4/22/1998 4:14:00 PM
From: Quad Sevens	Respond to of 14266

I shouldn't have, but I did listen to the CC. It was kind of a dud. After 2 questions, the operator asked for more, and there were none (!), so Farrell started his wrapup. Then all of a sudden there were more questions (not very good ones), and then it was over. I, like Farrell, was caught flat-footed by the lack of questions. I think Farrell kind of stumbled on the topic of beating earnings estimates for the next few quarters. He meant to say we shouldn't expect smashing through the current estimates as wondrously as we had the last two quarters. That is completely reasonable, but he didn't say it well. At one point he may have even said "Don't revise your estimates upwards", which is not what he meant. He just wanted to say THQ just went through a spectacular period, the future looks great, but we're probably not going to be ahead of estimates 50 + cents all the time. Back to not paying attention. On the road. Marc: Into the shower with you. Brian: Say it better next time. Wade

To: Sigmund who wrote (4875)	4/22/1998 4:24:00 PM
From: Joe Casey	Read Replies (1) \| Respond to of 14266

Whoever predicted this debacle is either a genius or psychotic. Of all the days to go down more than 10% I never thought it would happen after blowing out earnings. These are crazy times. Some unknown idiot puts out a "new market underperform" and 88% revenue stream causes people to continue to worry about old WCW news. Farrell says comfortable with conservative 25% growth and yet the trailing PE is 13. A forward PE for THQ in the single digits with the S&P trading above 24 and worthless "Internet" company mania taking hold of the moronic investing population, it's no wonder this is happening. If PE=growth rate, even just 20% growth should put THQ at $40.80 (20 * $2.04 trailing earnings). 25% growth would put THQ above 50 bucks. Who is selling? Where's this idiot analyst's views for the downgrade? Let's inspect his track record for credibility. Someone's out to get THQ. Even worse than the paper loss is having to waste time skipping all the forthcoming Stagger gloat posts and fustrated readers' rebuttals of that outpatient.