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


To: jttmab who wrote (7158)7/23/1998 12:42:00 PM
From: JGreg  Read Replies (2) | Respond to of 14266
 
We might interpret something said in the interview to relate to the MPRS speculation. In response to a question about GameFX and additional studios, Farrell said he has always taken the position that internal development is not a priority for him. He said that when they bought GameFX there were about 1 1/2 "teams" and they have now expanded that to 4 teams making a good operative studio, but he didn't express interest in having any more studios. He said owning intellectual properties was the important thing, and then, whether the development is internal or external didn't matter that much. To me that says he would be interested in some titles from MPRS but not their studio.

Also, I noticed that one analyst commented that because the earnings potential was not communicated accurately, once again THQ had blown away their (analysts) estimates. He quickly added he was "just kidding" but I think he was clearly making a point to Farrell.