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

To: Ken who wrote (10040)	2/27/1999 11:46:00 AM
From: JGreg	Read Replies (1) \| Respond to of 14266

That's right. An authorization for a buyback of 1M shares could be used to just purchase 100K. At 20/share, that's $2M out of the cash balance. Not a huge amount, but a corporate statement for effect. I assume we all are in agreement that, flushed with cash, we don't want to overpay for any "blockbusters"??????

To: Ken who wrote (10040)	2/27/1999 1:12:00 PM
From: Trippi	Read Replies (3) \| Respond to of 14266

We did not need that vote of confidence when the stock fell to $9 and then ran to $32 -- and we do not need that vote of confidence now. Weak hands will leave -- that's good. The company should use the money to do what it does best -- aquire new and better licenses -- produce some new franchises for the future and grow the bottom and top line. If it continues to do that -- I do not care what the price is today -- because the price will follow. The company has never played to the stock price and it shouldn't start now -- no matter how frustrated it makes people on this board. Trippi