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


To: AreWeThereYet who wrote (8965)12/12/1998 12:11:00 PM
From: Brian MacDonald  Respond to of 14266
 
True, the guy has most of his facts wrong - Why can't they quote Todd?
The most important thing about this article is the exposure. THQ is hardly a household name and this sort of publicity will at least make someone pause and take a look.

Overall market multiples right now are about 26 times earnings. It seems strange that anyone would look at a 'growth stock' like THQ and think that "a P/E of just 13x forward earnings which compares well to analysts' five-year growth rate consensus estimate of 30.5%" would rate " a P/E upgrade to 15 and the prospect of Y2K earnings of $2.25 per share"

Wouldn't a P/E of 30 be more appropriate?

Anyway you slice it, THQ is still cheap relative to the competition.

Brian