Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: AreWeThereYet who wrote (10021)	2/26/1999 6:21:00 PM
From: Bonzo	Read Replies (2) \| Respond to of 14266

Ac, I am also buying more in the $20. range. Having taken my initial position in Nov. 1994 at 5/8 pre-reverse split, and having bought and sold along the way around my core position - THQ represents compelling value in spite of the negative Small Cap sentiment at this time. The revenue and earnings growth were outstanding - congrats to Chris for nailing the revenue projection. Brian is obviously pissed about THQ's current valuation - I listened to the entire CC. He wasn't happy last year when I met him at RedChip, Scottsdale. He felt that THQ should be trading on a par with ERTS, or a multiple of 30. He said if not on par, then at least at 90% of that multiple. Lets see: 30 x 90% = 27 x $2.00/eps = $54.00. Sound about right Todd? I am in favor of a stock buyback only for symbolic reasons. Announce a 1M share buyback and only buy back 100,000 shares - send a message to wall street and give the traders a short term pop. I would also like to see THQ use some of that cash horde ($50M at Q1 end) to buy additional content; franchise brands (I wanted them to buy MPRS big time), and to especially develop additional OEM content - the street loves proprietary content, especially if it becomes a hit (extensions - cross platform). Who ever said it was a "hit driven" business should be slapped. THQ had 3 of the top 20 hits in the Jan. TRSRT's charts. BF manages THQ's games as an Investment Manager would manage his portfolio, for total return. Management has done a marvelous job, its time that Wall Street recognize it.