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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: Director who wrote (3262)4/25/1999 8:26:00 PM
From: Director  Read Replies (1) | Respond to of 4231
 
This stock is trading at $25 a share?
THQ Reports First-Quarter Record Revenue and Earnings

CALABASAS, Calif.--(BUSINESS WIRE)--April 22, 1999--THQ Inc.
(Nasdaq/NM:THQI) announced Thursday that net income for the first
quarter ended March 31, 1999, increased 56 percent to a record
$10,147,000, or 83 cents per diluted share, on 12,268,000 diluted
common shares outstanding.

This compares with net income of $6,492,000, or 57 cents per
diluted share, for the first quarter of 1998 on 11,313,000 diluted
common shares outstanding. Revenue increased 62 percent to a
first-quarter record $78,541,000 from $48,453,000 for the same period
a year earlier.

President and Chief Executive Officer Brian Farrell noted that
the 1999 first quarter benefited from strong sales of the newly
introduced "WCW/NWO Thunder" for the PlayStation and "WCW Nitro" for
the Nintendo 64, as well as strong follow-on sales of the company's
"Rugrats: Search for Reptar" and Disney/Pixar's "A Bug's Life"
products launched in the fourth quarter of 1998.

"We are off to a great start in what we expect will be another
record year for THQ," stated Farrell. "Our Rugrats games continue to
be strong sellers, and we look forward to the release of our Nintendo
64 'Rugrats Scavenger Hunt,' which is scheduled for June of this year.

"As we announced earlier, we are thrilled with the new
Nickelodeon deal that gives THQ exclusive rights to the Rugrats
property for all current and future game systems from Sony, Nintendo
and Sega through 2002."



To: Director who wrote (3262)4/28/1999 2:27:00 AM
From: esecurities(tm)  Read Replies (2) | Respond to of 4231
 
>>Reuters Article on Elmo's Letter...

you left something out Director....

Programs: Fun and games for kids

PROVIDENCE, R.I. (Reuters) - "...ELMO'S NOT LETTER PERFECT

The words ''PlayStation'' and ''educational'' do not usually appear in the same sentence because you'd be hard-pressed to find PlayStation games -- or products for Nintendo 64 or Game Boy, for that matter -- that have any type of educational value. NewKidCo is trying to change that.

The company has released two Sesame Street titles for the PlayStation, ''Elmo's Letter Adventure'' and ''Elmo's Number Journey,'' both for ages 3 to 6. ''Elmo's Adventures in Grouchland,'' involving colors and shapes, is scheduled for release in the fall, as are versions of these games for Game Boy and Nintendo.

NewKidCo is trying to take advantage of the tendency of children to favor game systems over PCs, and the fact that toddlers often want to mimic the game-playing tastes of their older brothers and sisters. ''Elmo's Letter Adventure'' lets them be like the older kids with a game that's at their level.

''Elmo's'' is exceptionally easy to play. For example, when you're flying through space, you can only go forward, backward and select a letter. Several buttons serve the same function. When it's time to move in and out of a game, flashing lights show the child which buttons they can push. There are three levels of difficulty, depending on whether you want the child to learn upper or lower-case letters.

One thing I did not like: certain letters were restricted to certain activities. As you're swimming underwater, for example, the only letters to appear are E, K, I, O, V and Z. I was surprised that the game does not randomly mix them up. And if you want to get to common letters like B, C, D, S or T, the youngster has to make it to a bonus world and select the letter that corresponds to the first letter of a word.

For the hefty $40 price tag, it's surprisingly limited..."


SOURCE: &copy 1999 REUTERS/VARIETY April 22
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