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

To: Richard Spitzer who wrote (9961)	2/26/1999 10:01:00 AM
From: Kory	Read Replies (2) \| Respond to of 14266

Listened to the conference call last night. All in all, I thought it was an OK job, but there was not much new, and it seemed to me that BF did not want to get into a lot of forecasting about 1999. But then, there were a bunch of weak questions as well. As Raymond's chart points out, the stock price has done extremely well over the past 4 years. People who say that this stock gets no respect and NEVER goes up obviously have not been in it very long. Trust me, never is a long time. If you haven't held a stock over a year, you are not a long term investor. If you are, what the closing stock price was on 2/25/99 is not important. Strange, people are all angry at a $22 closing stock price yesterday, when 6 months ago, they cheered a $18 price. I will not try to time sales and purchases of THQ, even when I think I know where the stock may be going. I am not that good and if I wanted to play hunches, Vegas is only a plane ride away. The only thing I will do, is be miserly and attempt to buy THQ when others are panicking and disgusted with the stock price. Finally, regardless of what EPS figure you use to calculate the earnings growth, BF affirmed 20% revenue growth and by calculation, operating income growth. Just because some of that operating income may not fall to the bottom line because of changes in the tax rate, does not mean fundamental growth is gone. And for what it's worth, I think that they will still achieve $2.40 in EPS for the year. And assuming that, I happily still own my share of the business. Kory

To: Richard Spitzer who wrote (9961)	2/26/1999 2:23:00 PM
From: Marc Newman	Read Replies (3) \| Respond to of 14266

Misc. thoughts brought on by reading today's posts-- I expected some further PR today or early next week. I think this Rugrats "news" was ready to go out whether it was needed to keep the price going or stop it from falling. Farrell probably figured the stock would be going up yesterday, not down. As far as bid/ask, a higher bid size is bullish. The ask is the number of shares for sale at that price. Obviously if this number is larger, the market is skewed more towards selling. Of course this is all on a tick-by-tick basis, so it's not that reliable. Say there is a bid of 4(00) at 20 9/16 and an ask of 10(00) at 20 11/16. Not positive. Yet if someone sells 400 shares at the market the 9/16 bid could drop off to reveal a very large bid at 20 1/2 which would be give a more positive outlook for the next tick. THQ was given some respect last February, right before earnings with that PE in the 30s. Of course, that reflected big sales that hadn't been officially released yet. But Trippi is right, the company never gets real respect. It would help if Mr. Halpern would actually mention THQ next time he's on CNBC. It never fails, an analyst who covers THQ goes on CNBC and mentions other stocks instead. Like AKLM. Haines adds perspective when he points out that in every year there's a worry about how THQ will replace revenues from its biggest game. It happened with the old BASS game, it happened with the summer olympics game, Toy Story Gameboy ... What investors seem to be failing to understand is that THQ has the sheer volume of quality releases to overcome any drop-off in wrestling income. It may be a hassle to keep track of the passel, but worth it. Marc