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


To: Lemur who wrote (9841)2/24/1999 8:57:00 AM
From: Jon  Respond to of 14266
 
THQ's Video Games Dominate Market According toSoftware Industry's NPD Group; Company Kicks Off New Year With No. 1 Selling Console Game for January; Two Additional Games Make the Top 20

February 24, 1999 08:31 AM
CALABASAS, Calif.--(BUSINESS WIRE)--Feb. 24, 1999--Game publisher THQ Inc. THQI has topped the console category for the first month of 1999 with "WCW/NWO Thunder" for the PlayStation.

Ranking as NPD TRSTS' No. 1 selling console game for the month of January, "WCW/NWO Thunder" beat out all other PlayStation and Nintendo 64 games according to units sold. "WCW/NWO Revenge" and "Rugrats: Search for Reptar" were also among TRSTS' top 20 console sellers for January. NPD TRSTS reports rank video games and computer game software according to total dollars and units sold.

THQ placed among the top 10 publishers in three different console system categories in TRSTS' annual report of all software publishers. THQ was rated the No. 5 Nintendo 64 publisher, the No. 6 PlayStation publisher and the No. 1 independent Game Boy publisher, second only to Nintendo, for 1998. Additionally, THQ was ranked the No. 4 software publisher for the month of January 1999.

"We are pleased with our continued success and proud of our contribution to the fastest-growing segment of both the toy and entertainment industries," stated Alison Locke, senior vice president of sales and marketing at THQ. "The strong sales reflect THQ's commitment to providing quality-driven, enjoyable games that appeal to enthusiasts of all ages and tastes."

NPD produces reports based on retail sales of video games, computer games and computer educational software. NPD's monthly reports reflect sales of consumer software through all major retail channels. All TRSTS data is reported on an unprojected (actual) basis. NPD estimates TRSTS retailers represent approximately 77 percent of total U.S. video game retail sales; however, representation of individual titles or specific platforms within a category may vary.

THQ develops, publishes and distributes interactive entertainment software worldwide for a variety of hardware platforms, including PC CD-ROM and those manufactured by Nintendo and Sony. The THQ Web site is located at www.thq.com.

The statements contained in this release that are not historical facts may be deemed to constitute forward-looking statements. Actual results may differ materially from those projected in such statements due to a number of risks and uncertainties, including, without limitation, demand and competition for the company's products, and other risks and uncertainties detailed in the company's filings with the Securities and Exchange Commission.






To: Lemur who wrote (9841)2/24/1999 10:09:00 AM
From: Jeff Bond  Read Replies (2) | Respond to of 14266
 
Hi Lemur,

I'm technically inclined to some degree (don't chime in guys :o), and I see what you're describing. Without belaboring the point, the choice at this point in time for either the trader or the investor is this:

BUY or BYE!

MACD has crossed. I also have two confirming indicators that both fired on 2-22-99 signaling THQI is due for a run up. Both indicators measure technical as well as fundamental conditions, by combining earnings growth with MACD or CCI to analyze current conditions.

I bet the stock is up from the time I started writing this response, and it will be higher by the end of the day. The basic point is this, technicals indicate, fundamentals drive, and management steers. Right now, this management team is steering the company to higher and higher levels of performance; trying to bet against that or time peoples response to that is very difficult to accomplish.

I hate Batman anyways, so given another look at this chart, I see a very strong Tommy Pickles Rugrat formation developing, with a waning influence WCW shoulder formation far to the left. I'm goofing of course, but on the serious side, technicals are well stacked in THQI's favor right now. Hope it helps ... :o)

Regards, JB