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


To: Marc Newman who wrote (9858)2/25/1999 2:05:00 PM
From: gofrank150  Read Replies (2) | Respond to of 14266
 
My first thought upon seeing the revenues was, "damn, Chris really deserved that free membership to SI." Way to go, Chris!
>>

I just wish my forecast of what this stock would do was as good. This is completely pathetic.

A lot of my forecast was dumb luck, but it was almost scary to compare the actuals vs my spreadsheet on several lines - if i wouldnt have hosed the interest income and tax rate, my spreadsheet was practically the same as what was published. (btw - my cogs pct of 44% was incorrect, i was once again using total cost / gross sales before reserves - my real pct was right on - actual fcst on my spreadsheet was $54,420 vs $54,806 actual).

I call it dumb luck because it appears they reserved more than i expected (did i hear $18 million in the cc, or was that the new reserve balance) and they had 5% of revenue as other (rushware?)

Still, I am proud to have come a lot close than the so called analysts.

Chris