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

To: Bleeker who wrote (6553)	7/2/1998 2:29:00 AM
From: Marc Newman	Read Replies (1) \| Respond to of 14266

In response to a question of mine on AOL, TSeltzer came up with the following which should give us a clue as to the GameFX charge. One might guess that besides an initial charge this quarter the rest will be amortized over five years. Any of our CPAs want to do the math? --------------------- Someone asked how THQ had accounted for its past acquisitions of Heliotrope and Inland. The answer is: amortized over five years. From the Annual Report for 1996, p. F-19: "9. OTHER LONG-TERM ASSETS On July 1, 1996, the Company acquired a 25% interest in Inland, a Software developer for home entertainment game systems. The investment consisted of $300,000 in cash and 52,660 shares of Common Stock valued at $300,000, and is included in other long-term assets in the accompanying balance sheet. The Company has contracted with Inland for the development of 32-bit and 64-bit versions of Turner's World Championship Wrestling and BASS Masters Classic. The Company's investment exceeds its equity in the underlying net assets by $613,000 which is being amortized over five years. The Company's equity in the operating results of Inland is not material to the results of operations. On August 2, 1996, the Company acquired the business of Heliotrope Studios, Inc. ("Heliotrope"), an interactive Software developer for PC CD-ROM and an assignment of the distribution license and certain work-in-progress for a PC CD-ROM title (Pax Imperia: Eminent Domain) from Blizzard Entertainment, a division of Davidson Associates. In connection with the acquisition, the Company incurred costs of $115,000 and assumed certain liabilities (approximately $150,000) of Heliotrope. The excess of the Company's cost of the acquisition over the estimated fair value of assets acquired (approximately $265,000) has been included as a long-term investment in the accompanying balance sheet. Such excess cost is being amortized over 60 months. Because Heliotrope's assets and operations prior to the acquisition were insignificant, no pro forma information is presented."

To: Bleeker who wrote (6553)	7/2/1998 2:00:00 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 14266

Bleeker, First it's China now it's UK??? The largest holder of U.S. Bonds is Japan. Your attack on myself yesterday was totally uncalled for. I never said ASIA was going to go under or that the U.S. market was going to collapse. Don't bother appologizing, I don't care, just wanted to state the facts AGAIN. Aloha

To: Bleeker who wrote (6553)	7/2/1998 3:34:00 PM
From: CuttotheCore	Read Replies (3) \| Respond to of 14266

Bleeker, after returning from vacation I read about 300+ thqi posts, and along w/ the upbeat nature of the stock & board certainly did enjoy your and Aloha's tet-a-tet over world economic directions. I see that this question of largest foreign holders of us bonds (treasuries?) keeps coming up. I, personally had thought that it was Japan, but that is not of relevance. In order to answer these profound questions the Treasury Dept yesterday, 7/1/98 at 1:20 p.m. issued their monthly Table of Major Foreign Holders of U. S. Tresury Securities. I got this over dow jones wires (quotron) and do not have a link. As of Apr, 98, all in billions the uk held 304.7,jap held 287.3, Ger. 93.3, followed in descending order by OPEC, Spain, China, HK, Neth. Ant. (not Neth.), Sing., Taiwan, Can, Switz, Bel-Lux, Mex, Fr.,Thai, Korea. In March 98 the gap was UK 299.8, Jap 297.3, Feb. 98 UK 304.9, Jap 296.9. Jan uk 299.2, jap 293.3. In 1997 the picture was different w/ Dec, 97 UK held 286.9, Jap 300.7. June, 97 UK 237.3 vs Jap 316.9. In Dec. 96 the UK held 190.6 vs Jap 286.4. As a member since March I would make one observation, during the very down period after the wcw license loss, then the 88% earnings fiasco, both you and Aloha, thought neither of you held a position, both maintained a relatively positive wait and see approach. When things began to look up both of you began to be and became rock solid in your bullishness, altho Aloha at 23.75 on the way down and you at 26 on the way up. The point is that all of us readers benefitted from both your points of view, then and now. I feel the best results are achieved when we can come to a conclusion based on as much knowledge as possible, even when I may be envious of those who reach the same conclusion w/ less information. I ,and at least some others, am interested in as many points of view as possible, then I'll reach my own conclusions. In colonial Va. the pineapple was a sign put out as a welcome to others. Yours was a rather bleak, even though you added sugar, aberration of a nice theme. All imo, except the statitics which are courtesy of Dept of Treas. stx79