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

To: Kory who wrote (9897)	2/25/1999 1:33:00 PM
From: Dave	Read Replies (1) \| Respond to of 14266

Kory, The only problem with your concept is that at some point, THQ will falter, whether it's due to better competition, a changing market, whatever, and when that happens, the price will drop. When that happens, so much for the value concept. The theory of wanting it to drop so you can get a better price is nuts...on one hand you are saying it's a good value and on the other hand you are saying you want it to drop so you can buy more. Does that mean that it isn't a good value now? If it is, then buy it now knowing that it will go up from here. FWIW, your logic seems flawed to me. BTW...looks like we may have bottomed at $22. It broke out of the downward trading channel to the upside. Dave

To: Kory who wrote (9897)	2/25/1999 1:34:00 PM
From: Ken	Respond to of 14266

I say mgmt needs to buy its company stock and send a clear vote of confidence to the shareholders. Also, a share buyback announcement wouldn't hurt either. With $30 million in the bank, mgmt has some money to spend and if they really think THQ is a good investment, then mgmt needs to step up to plate and indicate this openly. And I agree with you, Kory, that the company needs to keep the stock price up to retain the talent pool. No doubt about it. And why is Piper silent so far on this company? Where are the analysts when you need them for a good word. Jeez!!!

To: Kory who wrote (9897)	2/25/1999 1:48:00 PM
From: Dave Hanson	Read Replies (2) \| Respond to of 14266

Kudos to Kory and MHO on the CC Kory, let me publicly say how much I appreciate your perspective on this thread. I never guessed till checking your profile that you were only around my age--your patience and discipline had me thinking you'd been through a lot more market cycles than you obviously have. Such a refreshing change from the tone of so many SI and yahoo posts. (Now you just gotta buy some of the micro caps I plugged in answer to your post a while back, so that I can benefit from your thinking and accounting expertise on those too.) ;o) On the CC: it sure seemed good to me. Aside from Todd's remarks, I would stress the following. BF made clear that because the company was awash in cash, he did not see any need for additional financing in the forseeable future. This, combined with sell-through of rugrats, scheduled new title releases, the locking up of the rugrats and WWF franchises, his own guidence about future earnings (again see Todd below,) their having taking action already to write off failed titles, and his obvious confidence in the titles under development suggests that there will be no nasty surprises and lots of potential upside in the near-mid term future. One THQ shows it can deliver solid growth in a post-WCW world--and I am very confident it will--they'll be no bugaboos left to keep prices this depressed. Today's action, IMHO, is frustration by folks who saw or suspected a huge earnings surprise and thought they'd be rewarded with a big pop. In the coming weeks and months, the patient, smart $ will not be able to resist the value they're getting, and we'll see better days. (That may be happening already--look at the huge share turnover today.) In the meantime, look at the bargain we have. If I wasn't already so overweighted in this company, I would certainly buy more at these levels. FWIW

To: Kory who wrote (9897)	2/25/1999 2:17:00 PM
From: Kelvin Taylor	Read Replies (2) \| Respond to of 14266

Kory, I understand you are an investor and so am I, but I find your conclusions on the stock price confusing: "I buy companies on fundamentals and value, not on news and momentum." Agreed, however, at some point you will want to sell the stock for a profit. The stock itself is of no value, its only when you exchange the stock for money that counts. This could be 1 day or 30 years down the road, but eventually you want to exchange your certificates for cash, right? You can't buy anything will stock, only with the money that comes from selling the stock. "It isn't that it isn't a good value at $25 - just is an even better one at $20." What would be your value opinion if the stock were to rise to say $40? Would it be overvalued? Instead what happen if the price drops to $10? I find it hard to believe that the vast majority of shareholders and the management would agree lower is better. BF wants to increase shareholder value, not decrease it. "The only reason I would like the stock price higher is because of retention of talent at THQ." What about your investment? When you do sell it should be for a greater price than what you paid or else what is the purpose of investing? Like it or not, in this industry, top talent will go were they can get paid in the form of lucrative stock options. If THQ's price remains depressed for too long - it is possible that key talent will leave for greener pastures." I agree 100%. That's why the upward price movement is so important for both employees and the stockholders. "If you wanted to get rich quick - I say "bad luck". " It is not my intention to earn a profit "quickly" with this stock. I view my options on whether or not THQI is a high risk, low reward stock to own. If its competitors are doing well and their share price increases as a reflection of a good business, then what is it about the company that makes it so vulnerable to sell-offs on superb numbers? Today's action clearly indicates more people are willing to dump and run than to buy and hold. I do want to sell at some point for a profit otherwise why am I risking my own money? "If you are an investor, I say celebrate the earnings and how well our business is doing." I congradulate the company on a job well-done for this quarter. But I don't celebrate when the value drops so much. Remember too that if THQI closes at 23 on these good numbers, what happens if the company fails to execute so well next quarter? In this market there is no room for disappointment. We are down 28% from the 52 week high. Its only a good value if the prospects look good for future price appreciation. Declining stock value don't win many folks on Wall Street or Main Street. And in closing, I'm long on the stock and have been for a year. I did buy the stock when it was in the teens last fall. And I did see the wisdom and sold when it reach 30. Now I'm back in. Hopefully the downturn is temporary. Kory, thanks for the response. We have different views on stock prices, but we share the goal of one day making money on the stock. And for that to happen, it must gain in value. Kelvin