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

To: Sword who wrote (7807)	8/31/1998 12:48:00 PM
From: Marc Newman	Respond to of 14266

Bleeker, I don't think WCW mix is an issue at all this quarter. It may rise from last quarter due to the NWO re-release but I'm sure sales of Nitro have really fallen off and no WCW titles were shipped to Europe this quarter. So under 40% WCW for sure and possibly much lower (ie, 20%). I still haven't gotten a good feel for how many new copies of NWO have shipped so I'm not sure which number to lean towards. Can't argue with your current stock market analysis, but will add that I don't think falling Dow prices will have much affect on videogame sales. It's going to be the biggest season ever. Also, the people who have been bearish and all the traders do have money to put to work. When the NASDAQ/Russell finally has a good week, THQI could zoom. And perversely, by covering the shorts then free up money to put to work. Of course we all know that THQ has a phenomenal lineup considering its small size and cost controls. It will grow faster than the industry. I think our expectations for THQ's earnings are pretty conservative too. If any of the games are big hits and sell a couple hundred thousand more than we expect it will create even more upside profits. Marc

To: Sword who wrote (7807)	8/31/1998 1:09:00 PM
From: Marc Newman	Respond to of 14266

I posted this twenty minutes ago but since I had two windows open, I think SI wrote over it. Anyway: Sword, thanks buddy. Good to hear that we were doing well today with only a little help from GKMC. Any updates? We seem to have worn down 13 1/8 for now, but 13 is fine so far. The Dow and NASDAQ are finally getting down to more attractive levels. Seems to me that the people who've been saying we're 75% done with the correction might be right. I'd like a little NASDAQ bounce soon, as that could take THQI up some which would help establish 12 9/16 as the real bottom for this THQI slide. We'll see. Still three hours left today as well.