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


To: JakeStraw who wrote (9605)2/3/1999 2:57:00 PM
From: Todd D. Wiener  Read Replies (2) | Respond to of 14266
 
It looks as if the bottom was 20.5 today. If THQI closes up on the day, is that a piercing candlestick? Regardless, it's a key reversal.

I just bought some MWY.

Todd



To: JakeStraw who wrote (9605)2/3/1999 4:57:00 PM
From: Kory  Respond to of 14266
 
By the amount of people here posting "Do not worry about the stock price", it is obvious that many DO worry about the stock price.

Personally, I worry about earnings and I don't see much to worry about over the next 12 months.

1) 4th quarter is likely a blowout again
2) 1st quarter is looking extremely strong with Thunder and sales of Christmas titles
3) 2nd quarter will be strong with still more WCW, Rugrats 64, and Sinistar - up against a 1998 which only had Quest. (BTW - Sinistar was my favorite arcade game - I am definitely buying this one).
4) 3rd quarter of 1998 had WCW/NWO players choice and no major title releases. Shouldn't be hard to beat.
5) Which puts us to Christmas 1999, which is hard to say at this point, except that the WWF license starts to kick in and we don't even know yet how Christmas 1998 did.

Add to that a bunch of other favorables - Rushware, $50 million in cash, Road Rash, Nuclear Strike, BF's ability to make good acquisitions, Nomenquest, higher installed base, large reserves, remaining NOL, no debt.

All of that and a PE of probably around 10 - what's not to like?

Kory