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

To: Kelvin Taylor who wrote (8268)	10/22/1998 10:12:00 AM
From: leisuresports	Respond to of 14266

Gysi: Overall financial condition very, very strong. Excellent inventory control despite 6 releases recently. Current ratio very strong. No bank borrowings.

To: Kelvin Taylor who wrote (8268)	10/22/1998 10:15:00 AM
From: leisuresports	Read Replies (1) \| Respond to of 14266

Farrell: Great results without benefit of major release this quarter - BF very happy about that. Goal of THQ to build share of PC business, building nicely though still <6% of sales. Foreign sales still need growth, expect it to happen. Operating margins very good compared to competitors - ours are substantially above theirs.

To: Kelvin Taylor who wrote (8268)	10/22/1998 10:20:00 AM
From: leisuresports	Respond to of 14266

Farrell: Quest Sequel begun development. Expect to meet or exceed last years 4th quarter, which was tremendous. Tax rate this quarter will be double last years, and we will still meet or beat the number. Expect significant growth. WCW game will be big, also Rugrats - both heavily advertised. 1999 product line will be strongest ever. WCW for first half of year, WWF for second half. On PC side, Excession game from GameFX. Still targeting 20% growth in revenues and profits for 1999.

To: Kelvin Taylor who wrote (8268)	10/22/1998 10:25:00 AM
From: leisuresports	Read Replies (1) \| Respond to of 14266

Questions Furman Seltz: Congrats, great quarter. BF - margins will stay strong. Tax rate question- too complicated to get into - I can't type that fast. Growth rates - BF comfortable with 20% growth for 1999. BF says you guys know that he is cautious. BF firmly confirms he his looking at over $1.90 for next year (not verbatim, but basically he says this. Not happy about current PE!) Europe is growing, but not as fast as U.S. due to the game mix we have which appeals more to Americans.