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

To: Brian MacDonald who wrote (8658)	11/20/1998 11:44:00 PM
From: Sigmund	Read Replies (1) \| Respond to of 14266

<<< Stewart Halpern of Furman Selz, who maintains a Strong Buy rating on the stock and a 12-month price target of $36.<<<< 12 months is a long time from now so anything can happen. But I would not be surprised to see $36 before Jan 15 maybe a lot sooner than that.

To: Brian MacDonald who wrote (8658)	11/21/1998 9:59:00 AM
From: JGreg	Read Replies (1) \| Respond to of 14266

Don't forget, that $36 target is from an office that is predicting .61 for this Q4. (I see that is up .02 since last week.) Individuals' estimates for Q4, with good logic, are beginning to far exceed that amount. I don't think it will be a question of how many barrels of money THQ makes, but how much is held in reserves this time and how they handle the increased % of earnings from wrestling titles. (We all know how that success ridiculously boomeranged before.) My point is that the $36 target is tied to the estimated earnings which are beginning to look very conservative.