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

To: Quad Sevens who wrote (7239)	7/24/1998 4:44:00 PM
From: Todd D. Wiener	Read Replies (1) \| Respond to of 14266

"Our $45 price target implies a P/E multiple of just over 18 times 1999 estimated EPS of $2.44 (fully taxed), still below the company's projected growth rate of 20% and the peer group average. We maintain our BUY rating." HA HA HA HA HA HA! I can't laugh loud enough! HA! I agree with 18 times 1999 earnings, but $2.44? Come on. I'm surprised GKM doesn't rate THQ a HOLD, because he's expecting 7.5% total growth over the next 6 quarters! HA! I knew that McGowen was on the low side of the analyst pool, but this is ridiculous! I really wonder how he gets his numbers. The pieces just don't add up, with these analysts. If you know everything that Farrell has said, and you know what their plans are for 1999, and you listened to the conference calls, and you look at previous successes from THQ (14 CONSECUTIVE QUARTERS OF IMPROVED OPERATING EARNINGS), and you look at the tremendous strength in the entire industry, and you look at THQ's historical growth, relative to the industry, and you understand the efficient operating model, etc., etc., AND IF YOU LOOK AT RELATIVE VALUATIONS, it would be quite obvious that THQ will have little trouble far outstripping estimates, YET AGAIN, and again, etc. Let me simplify this: Why would THQ, all of a sudden, grow less than 25% in 1999 (as Farrell had stated repeatedly they could do)? Why would THQ suddenly report negative year-over-year results in Q3 and Q4 (as GKM is hinting), when the reserves are very high? Why would THQ suddenly underperform the very strong software market, after growing at much faster rates during the last 3 years? Considering all of this, why does THQ still deserve a MUCH LOWER THAN AVERAGE valuation? Hmmmm?? Hmmmm... Bring in the next clown, pleeeeze. Todd

To: Quad Sevens who wrote (7239)	7/24/1998 5:04:00 PM
From: JGreg	Read Replies (1) \| Respond to of 14266

Why would they suggest that Q4 earnings will be lower than previous estimates when Farrell answered a question about that during the CC by saying that he doesn't see any negative effects on the "back end" of 98 earnings? I guess it's difficult for GKM to believe a CEO whose only had 14 quarters extremely positive earnings and product growth. They're waiting for Farrell to really prove himself before they will put any credibility in what he says. I mean, they're professionals, this is how they make their living, and they're reputation is at stake! (lol)

To: Quad Sevens who wrote (7239)	7/24/1998 5:55:00 PM
From: AreWeThereYet	Read Replies (1) \| Respond to of 14266

Good Work McGowan You are merely saying that 10 titles in slow season will do just as good as 23 titles in holiday season. You are also assume that reorders of titles released in H1 are negligible, and you also ignore the re-release of WCW vs NWO. Good Work! Good Work! Perhaps we should ask Jill to invite McCowan to visit SI's THQI thread as I am sure we can learn a great deal from him. Wedbush's Lin, you are next! btw: I don't see any reason why THQI will fall below $28.8 to $30 (major support) without any bad news. I believe early next week is a good time and probably the last chance to buy THQI at this great price, assume there are no bad news coming. I have a feeling that a steady (less volatile) uptrend will form after 50 DMA climb above 30 in about 2 weeks. Initial Shipment 1998 H1 WCW vs the World (PSX) WCW vs the World (N64) Pax Imperia: Eminent Domain (Mac) WCW Nitro (PSX) Ray Tracers (PSX) Broken Sword Shadow of the Tmplars (PSX) NBA Live 98 (SNES) World Cup 98 (GB) Granstream Saga (PSX) Quest 64 (N64) 10 titles, 9 unique 1998 H2 Disney's Mulan GB Small Soldiers GB Bass Master Classic PC Brunswick Circuit Pro Bowling PC Brunswick Circuit Pro Bowling PSX RedJack: Revenge of the Brethren PC/Mac Devil Dice PSX G. Darius PSX Dead Unity PC Dead Unity PSX Penny Racer N64 Penny Racers PSX Internation Rally Championship PC Internation Rally Championship PSX WCW/NWO Revenge N64 SpeedTribes PC Disney/Pixar Bug's Life (color) GB Rugrats GB Rugrats PSX Yoda Stories GB Bass Master Classic PSX WCW Nitro N64 WCW/NWO Live PSX 23 titles, 18 unique aC