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


To: Kelvin Taylor who wrote (10602)4/22/1999 3:41:00 PM
From: Marc Newman  Read Replies (1) | Respond to of 14266
 
A classic reversal and $28 is around the corner, IMO.

The cc was short and sweet. I expect a lot of people to be checking it out tonight and adding to the fun tomorrow as long as the market holds up. THQ usually moves up big two days in a row.

Shorts with a small profit or small loss should be getting nervous with E3 coming up, as that always leads to new game announcements. We're still looking for that next top tier license (it will come) but isn't it nice that even Farrell admits that the way it looks now one can think 25-35% growth? And he sort of gave that info with a wink, that like all historical guidance from him it is on the low side.

I'll settle for 40%. gggg

Marc



To: Kelvin Taylor who wrote (10602)4/22/1999 3:55:00 PM
From: Todd D. Wiener  Read Replies (1) | Respond to of 14266
 
New estimates for 1999:

Q2
Sales: $78.2 million
EPS: $0.65

Q3
Sales: $86.2 million
EPS: $0.72

Q4
Sales: $130.1 million
EPS: $1.46

FY99
Sales: $373.0 million
EPS: $3.67

Year-end price target: $55

Todd



To: Kelvin Taylor who wrote (10602)4/22/1999 7:24:00 PM
From: Kelvin Taylor  Read Replies (2) | Respond to of 14266
 
Prices for Feb. 25, 1999:

Open: 25 1/8
High: 25 1/2
Low: 21 7/8
Close: 22 1/8
Volume: 1.741 M

Today's Prices:

Open: 23 1/16
High: 25 7/16
Low: 22 7/16
Close: 24
Volume: 1.086M

Price difference between the close of Feb. 25 and today: 2 1/8 (10%).

Volume decreased by 655K shares. Only 1/2 point gain today on very good earnings.

I ask only one question here: What happens if the company fails to "surprise" next time or even more importantly misses the mark?
I do not want to say THQI is a bad investment, but this stock simply has not acted in a ration way, IMO. With such a record day on the NAS, Russell up 2% and with again wonderful numbers, is anybody the least bit suspicious about the price action of the stock over the past few quarters? This can't be blamed on market conditions this time.

I did sell all my remaining position today. Strong fundamentals doesn't seem to factor into the true value of this stock. I'll stated on more than one occasion is stock is worth only what someone is willing to pay for it. Right now, despite 5 STRONG BUYS, there appears to be a lack of real buyers.

The posters here, Jeff, Todd, Marc, and others know more about this company that I do.

Please give me a solid reason to buy back in.

Kelvin

P.S. Before today I too was a member of the 1000(times x) club.