SI
SI
discoversearch

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: leisuresports who wrote (7398)8/2/1998 12:25:00 AM
From: Jeff Bond  Read Replies (2) | Respond to of 14266
 
>>"In 1998, the Company is targeting a 50% increase in international revenues."<<

Purchasing a foreign developer does nothing really to increase revenues internationally, the goal has to be reached by increasing distribution in Europe and overseas.

Hence my opinion that Todd's first scenario (purchase foreign distribution channel) may be the most likely use for funds raised in the PP. I would do that if I were in management, since it presents their products to a larger audience without additional development costs. This seems to me the biggest bang for the buck, so I hope this angle is pursued.

RUGRATS, JB



To: leisuresports who wrote (7398)8/3/1998 12:59:00 AM
From: Todd D. Wiener  Read Replies (1) | Respond to of 14266
 
s.r.-

Last year's international sales were about $14 million. So far this year, international sales are about $13 million. For a 50% increase, THQ needs to record $8 million in international sales in the second half. This can be done without acquiring any additional international distribution. The 50% statement is merely guidance, not forecasting. THQ has been surprised by the strength in certain titles, so I question the accuracy of this guidance. Since overall sales should increase by 100+% this year, a 50% increase in international sales would be considered a poor showing.

Todd