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

To: Bleeker who wrote (6436)	6/26/1998 2:31:00 PM
From: Joe Casey	Read Replies (1) \| Respond to of 14266

As the #1 company in the interactive entertainment sector (according to IBD), THQ should get a considerably higher PE than just the average, don't you agree? And, if THQ is #1 and ERTS is #2 with a PE of 43, then let's give THQ a PE of 45, 2 points higher than the nearest competitor. This would put THQ at $92 a share based on trailing earnings. Seems reasonable to me. Heck, the Dollar Tree (DLTR) trades at a PE of 50, with less projected future earnings than THQ. The market is wacked.