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


To: AreWeThereYet who wrote (10568)4/22/1999 9:07:00 AM
From: JGreg  Respond to of 14266
 
Well, this time we don't have to battle a bad market. Everything in the market is set for a rocket open and bullish day. This is one of the best opportunities for reporting that THQ has had. It is BF's opportunity, and it is his to lose. It's a great day, the wind is blowing in the right direction, his average is at an all time high. All he has to do is step up to the plate and knock one out of the park. This day does not look like it will not offer any excuses.



To: AreWeThereYet who wrote (10568)4/22/1999 9:08:00 AM
From: Richard Spitzer  Read Replies (1) | Respond to of 14266
 
I was glad to see the press release was forward looking, especially with the Star Wars mention. I believe many casual observers had no idea that THQ had any sort of Star Wars tie-in and will jump on THQ just for that. I'm disappointed there's no mention of PC games, especially Sinistar. Maybe Brian is a bit hesitant, given the build-up to PAX Imperia and the subsequent ho-hum sales.

Regarding the .83, it's a good number. A double-digit positive surprise over estimates, but not an embarassing blowout.

So how should BF spend his $50M in cash?

Rich



To: AreWeThereYet who wrote (10568)4/22/1999 9:14:00 AM
From: Apakhabar  Read Replies (1) | Respond to of 14266
 
From Q4 to Q1:
Cash up 150% to 50 million, as promised by BF.
Accounts receivable down 60%.
Inventory down 60%.
None of this is surprising given seaonality and the WCW situation but it is reassuring, and since THQ is a show-me stock, it will help today.
Pre-market has seven MMs at 24 or above on the bid.

Todd-- who is SLKC?