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


To: Trippi who wrote (10044)2/27/1999 2:31:00 PM
From: JGreg  Read Replies (1) | Respond to of 14266
 
<<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,
I know you've been around long enough to remember that the company has played, not to, but against the stock price (the secondary fiasco). Because it is a public company we all know that everything they do has a direct effect on the stock. I've always said BF's style is more suited for a private company. He's a superb manager and businessman, but dancing with the investment community hasn't seemed to be high on his agenda. However, as has been said, when the stock is your company's currency, you can't realistically divorce management methods from stock price. It sounds holy for management to say they never concern themselves with the price, but it just doesn't wash when the fact is you are a publicly traded corporation.

I remember this board having this same discussion about 2 yrs. ago. You've always been a good source of input on this thread. I always enjoy and consider every point you make. I added some more to my portfolio yesterday and I guess I'm in for the long haul.



To: Trippi who wrote (10044)2/27/1999 10:05:00 PM
From: rogermci®  Read Replies (1) | Respond to of 14266
 
Trippi...Right on with your thoughts on no stock buyback. I'm sure you followed the RADAF situation and remember the stock buyback had zero impact on the price. In retrospect, I wonder what would have happened had they used the capital to make an acquisition?

roger



To: Trippi who wrote (10044)3/3/1999 1:05:00 AM
From: Ken  Read Replies (1) | Respond to of 14266
 
I say, "show me the money, or show me the door!!" THQ mgmt has to play a bit to the stock price to keep their most sought after assets...their young, creative developers and game creators. This is the real world. No money, no stay. It's that simple. Hey, I'm not saying that THQ has to shell out big bucks in a buy back. I'm just saying they have to ante up a bit to show the public that the shares are cheap. Also, some insider purchases would be encouraging at these prices. Shareholders have put up their money, now it's time that THQ puts up a little of theirs as well.