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


To: pham who wrote (8491)11/6/1998 9:04:00 PM
From: Jimmy Dell  Respond to of 14266
 
The report below bodes well for THQI and this sector.

BW1111 NOV 06,1998 6:29 PACIFIC 09:29 EASTERN

( BW)(NPD-GROUP) NPD Reports Video Game Sales
Continue to Sizzle in 1998

Business Editors

PORT WASHINGTON, N.Y.--(BUSINESS WIRE)--Nov. 6,
1998--Retail sales of video games in the U.S. through mid-October were
up 32% versus the same period in 1997, reports leading marketing
information provider The NPD Group. According to NPD's TRSTS(R)
Video Game Services, sales were up every month in 1998 compared to
year-earlier figures, with gains ranging from 16% to 52%. Sales are
projected to reach $6.3 billion, breaking last year's record of $5.1 billion in
industry sales.
"The drivers behind the continued industry growth are the Sony
PlayStation and Nintendo 64 systems," confirms Ed Roth, president of
NPD's Leisure Activities Tracking Services. "With a number of key titles
expected to hit the market in the fourth quarter, we see another strong
holiday selling season for the video game industry."
TRSTS(R) data show that going into the fourth quarter, there are now
over 20 million PlayStation and Nintendo 64 machines in homes across the
U.S. Console sales through mid-October alone have generated five million
units, adding to a growing consumer thirst for software in the fourth
quarter. With reasonable software prices, strong industry awareness and a
huge console installation base in place, the video game industry is well
positioned for continued growth.

Growth Categories Detailed

According to Roth, strong performance to date is the result of
exceptional software sales for Next Generation machines. Total Next
Generation console software dollar business is up 65% versus 1997.
Although a smaller segment of the video game market, accessories are up
50% for total consoles and portable machines. Combined Nintendo 64
and PlayStation console sales have grown a very respectable 20% on a
unit basis. However, lower retail prices have resulted in dollar sales
growing at only 5%. Experiencing a resurgence in 1998 is the Portable
Video Game Systems segment, which experienced double-digit growth, all
due to Game Boy hardware and software sales.

Top 15 Video Game Companies

Although Sony and Nintendo are directly benefiting from the industry
good news, many other publishers and accessory companies are also
experiencing strong performances at retail. The top 15 video game
companies based on retail dollars so far in 1998 are:

1 Nintendo 9. Capcom
2 Sony 10. Namco
3 Electronic Arts 11. Sega of America
4 Interact Accessories 12. Mad Catz
5 Acclaim Entertainment 13. Eidos Interactive
6 Midway Home Entertainment 14. Konami
7 989 Studios 15. Hasbro Interactive
8 THQ

About The NPD Group

The NPD Group is an international marketing information company
headquartered in Port Washington, NY. Founded in 1953, the firm
specializes in providing consumer and retail sales tracking and custom
research for a wide range of industries and is the founder of Media Metrix,
Inc. NPD TRSTS(R) Video Game Services track market trends through
point-of-sale information collected from a panel of retailers across the U.S.
NPD is the ninth largest market research firm in the U.S. based upon 1997
revenues, according to the American Marketing Association's Honomichl
50. NPD has offices and affiliations in 36 countries, covering North
America, South America, Europe, Asia and Australia.
npd.com



To: pham who wrote (8491)11/6/1998 9:10:00 PM
From: Jeff Bond  Read Replies (1) | Respond to of 14266
 
WARNING - TA STUFF

Thanks for your suggestion Jim, I like it a lot.

I need to clarify something. I made a comment about "cheap shots from left-field" that I hope no one here incorrectly assumed was directed towards them. I was referring to something that gets me emotionally charged up, namely manipulation of stocks by institutions or others who use their size or advanced information to their advantage.

I liken it to a school yard bully who beats you up and takes your lunch money, simply because he is bigger than you. Or, you are in a classroom taking a test that will be graded on a curve, and some poindexter has a cheat sheet containing all the information he needs to smoke the test.

That really is about how it is in the stock market, where the individual investor is it a definite disadvantage. It goes further, when on several occasions an analyst downgrades a stock, only to find out that they are accumulating the stock at the very same time. What is that, where I come from we call it lying?

Or another classic scenario is manipulation in the price, especially at the open, or when the gap between the bid and ask is widened, all to create a general impression, or to unfairly use their position to their advantage. Looking for honesty in the stock market is like looking for a piece of hay in the middle of a needle stack, you're gonna get stuck a lot.

So ... "cheap shot from left-field" goes out to all you manipulators. It doesn't matter whether or not you get caught, what really matters is that you are scummy enough to try it in the first place. It happens on the way up too, I know that, and it is just as bad as when it happens on the way down.

I consider SI one of the best resources an individual investor has, since it provides the collective thoughts of many to be gathered and used to the benefit of all. This is where I have learned a lot of the skills I rely on to make intelligent investment decisions.

It is in my nature to get emotional, so if on occasion it comes out, just slap me to the back of the head, that normally fixes it :o)

Everyone have a great weekend, if you see someone cursing at a stock chart, chances are good it could be me. If you ask me, the fact that the price of THQI has gone through so many intense fluctuations, despite the fact the fundamentals have experienced no major change is pretty good justification for using technical analysis.

Regards, JB