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

To: Todd D. Wiener who wrote (7188)	7/23/1998 7:42:00 PM
From: Sigmund	Read Replies (1) \| Respond to of 14266

<<< This is somewhat ironic, but the market may be more willing to pay up for what appears to be a stable grower (30%)-like ERTS-, rather than a stock that will see declining rates of growth (THQ). <<<< I guess that is the crux of the matter. Now that most of the WCW uncertainty has been removed, what ongoing PE will be applied to THQI? It may take a few quarters before we approach this multiple asymptotically and therefore know what it is. I assume that it will be a higher multiple than is the case today. Thus earnings growth and PE growth should be a favorable environment for the longs. But the shorts will from time to time get some mileage out of the declining growth rate scenario.

To: Todd D. Wiener who wrote (7188)	7/23/1998 8:37:00 PM
From: rogermci®	Respond to of 14266

Todd...Thanks for your revised 1998 estimates. I thought your second Q number was a bit high but Q3 and 4 look reasonable. I have decided to keep my trading shares based on today's news. I thought the biggest positive was the 25% wcw revenue number and my perception that BF is a master of managing revenue from quarter to quarter. I think you will see some bumping up of estimates by at least one of the 3 analysts who cover. I think it unlikely that all 3 will be on the same page next quarter. By the way, I thought today's action was most constructive and the profit takers will be through by tomorrow. Looking for some upside action next week. Congratulations Sig on your Q2 estimate. roger