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

To: Jim Munroe who wrote (9521)	1/28/1999 1:56:00 PM
From: AreWeThereYet	Read Replies (1) \| Respond to of 14266

>> What on earth are they looking for? << chase.com bought some Feb 30th calls this morning, let's get back to $24 and start rocking again! aC

To: Jim Munroe who wrote (9521)	1/31/1999 3:34:00 PM
From: Roy F. Baker	Read Replies (1) \| Respond to of 14266

Jim, Since no one answered your question about shorts, I will try. THQI usually trades around 300,000 shares a day. When the shorts were around 3M it would take about 20 days for all of them to get out. Now it would be 16 days. It actually is not the smartest move in the world to have this small of a share trade and this large of a short, if you are a shorter. THQI is a third and fourth quarter stock. Most people who follow stocks know that most or all retailers do better in the pre and Christmas seasons. It will ramp back up for earnings news after scared hands are removed from their shares and then will slowly decline until July IMHO! It is actually better to short this stock from Feb. to July if that is what your into. Regards, Roy

To: Jim Munroe who wrote (9521)	2/15/1999 10:51:00 AM
From: Jim Munroe	Respond to of 14266

Isn't THQ in a similar situation to this? SALT LAKE CITY--(BUSINESS WIRE)--Feb. 12, 1999--Evans & Sutherland Computer Corporation (E&S) (NASDAQ: ESCC - news) today reported revised financial results for the quarters ended in June and September, 1998. All results are unaudited. The revisions were made in response to new guidance from the Securities and Exchange Commission to public accounting firms regarding in-process research and development (IPR&D) charges in acquired companies. Although E&S reported its second and third quarter results in accordance with established accounting practices and specific review by its public accountants, the new SEC guidance requires retroactive changes. The revised SEC guidance affects IPR&D provisions made during the acquisition of AccelGraphics, Inc. and Silicon Reality, Inc. by E&S during the second quarter. The revisions have the overall effect of increasing profitability of E&S during 1998 but decreasing profitability in future years. All changes are non-cash and do not affect other operating results of the company. The changes reduce the one-time writeoff of IPR&D at the time of the acquisitions by approximately $7.1 million, moving this amount into goodwill and deferred income taxes to be amortized over future periods. For 1998, this results in a $7.1 million increase to second quarter earnings, and a $1.3 million decrease to earnings in each of the third and fourth quarters. The overall result is a net increase in earnings of approximately $4.5 million for the year. Pre-tax earnings in future periods extending forward as long as seven years will be reduced by $4.1 million as a result of the new guidance.