Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JGreg who wrote (7166)	7/23/1998 1:08:00 PM
From: Jean-Philippe Chevalier	Respond to of 14266

As I recall the conference call, Farrell said that when they bought GameFX there were 1 1/2 teams and they now have 2 teams and is looking to expand the studio to four teams. This suggests that they will be adding two more teams. I guess MPRS is a possible source for two teams.

To: JGreg who wrote (7166)	7/23/1998 1:28:00 PM
From: jttmab	Read Replies (1) \| Respond to of 14266

JGreg, You make a good point, I would agree with one first interpretation that it doesn't seem likely that MPRS is going to do an acquisition. On your second point with respect to the "humor", I understand why you said it, but it may be reaching a bit. I think that I'm going to take it on the face of it, i.e, it was just friendly humor. Farrell was given an opportunity at the end of the session to suggest upward estimates for 3Q and 4Q and he declined to make an adjustment. In some sense this seems in contradiction to the split which is usually forward looking about revenue>earnings>sharevalue. I'm sure Farrell would like to see some of the volatility out of the stock. How does one do that? What might have happened this morning if THQ missed by a penny? So even if you believe that the earnings estimates are low by (hypothetically) 20%, do you say so and take the risk that you miss by a penny or two? By the way who ticked off the market this morning? There is a lot of red out there. Best Regards, Jim