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


To: Todd D. Wiener who wrote (7065)7/22/1998 6:29:00 PM
From: AreWeThereYet  Respond to of 14266
 
Besides JAKKS, ERTS also report earning result:
biz.yahoo.com

aC



To: Todd D. Wiener who wrote (7065)7/22/1998 6:34:00 PM
From: Harry  Read Replies (2) | Respond to of 14266
 
ERTS reports earnings...

FWIW, EA did pretty well. Looks like EPS of 6 cents (8 cents before charges). Consensus estimate was 2 cents. Interesting thing I noticed is that revenues are up 44% over year-ago. Previous quarter showed a 31% increase. On the other hand, game software sales (for the entire industry) are up 73% this year, so it looks like other companies (like THQ) are growing faster (or that there are more competitors now, though I'm not sure how true that is).

Harry

PS Todd, pardon my naivete, but how can a company report $1.4M in income and be in the red by $2.1M? Not doubting your statement, but just interested in learning more. Even a brief lesson would be much appreciated. :-)



To: Todd D. Wiener who wrote (7065)7/22/1998 6:51:00 PM
From: Sigmund  Respond to of 14266
 
Unless THQI invests in JAKKS.



To: Todd D. Wiener who wrote (7065)7/22/1998 6:56:00 PM
From: AreWeThereYet  Respond to of 14266
 
Todd, thanks for your explanation.

When I first glanced at JAKKS result. I noticed 3 things:
1) Direct selling expense increases substantially
2) only 2.1 million Cash, AR has 11.8 million but AP also high at 9.6 million. So any problem in AR will kill the company.
3) avg shares outstanding increased to 5,883,000 from 4,562,000 and weighted avg shares outstanding increased to 7,786,000 from 4,752,000.

Can you tell me what's the different between avg and weighted avg shares outstanding?

Bleeker: maybe the street mis-classify JAKK as "Computer Software/Games" company :o)

Thanks
aC



To: Todd D. Wiener who wrote (7065)7/22/1998 8:24:00 PM
From: Ron Harvey  Read Replies (1) | Respond to of 14266
 
A first-rate post, Todd. Illuminating. Many thanks.



To: Todd D. Wiener who wrote (7065)7/22/1998 10:55:00 PM
From: Robert G. Harrell  Respond to of 14266
 
Todd,
Since you brought the name Thrustmaster to the table, do you think this might be a good acquisition for THQ? I bet they could be bought cheap. Maybe Farrell could turn them around like he did THQ and have all kinds of marketing tie-ins. It's probably too late. They had a great franchise with the NASCAR license and the best driving wheel on the market and they totally blew it!!! What a bunch of screw ups...

I bought the stock knowing full well that there were serious questions about the past practices of management but hoped that they could capitalize on the immense opportunities with force feedback and online gaming. Alas, they totally fumbled the ball. I gave up a few months ago and decided to take my loss and put the money to work in a large well run company that supposedly had a superb CEO and a strong position in online gaming--yep, you guessed it--Cendant. Out of the frying pan and into the fire. Oh well, you can't win them all.

Eagerly waiting for tomorrow. Good luck to all but Staggerlee.

Bob