is that our society places so much attention on video games that a company like THQI is valued to these levels. I would hope that September 11 shakes parents, young adults and teenagers up to such the degree that lifestyles would change. Become involved in something more than cheap thrills that steal a life. Parents if they want to interact with children can find much more rewarding experiences while reading a book, learning something and encouraging their children to read. Nothing develops the mind (still) more than the imagination of the written word. Teenagers can become involved with the community to a degree that recent generations have ignored and as such have been cheated.
I sold this short near 40, doubled my position at 53.3 and am feeling a bit nervous. Perhaps I'll cover the 40 and write of against gains. But it will be a sad day, not because of the monetary loss, but because of what that means as a same old society...Selfishness rules.
I'm in the industry and I disagree with your comments. Video games are not just a cheap thrill, they're fast becoming a valid art medium to rival film and comics - just play Ico on PS2 to see what I mean. It truly delivers on an interactive emotional experience. Educational games can also help young children, in addition to regular reading of course. The only time video games are damaging are when parents allow their kids to play it ten hours daily at the expense of human interaction, but that's not the fault of the games - you have to blame the parents for that.
As for your investment I agree THQI is over-valued and I'd hang on a maximum of three months for low 40's. It *should* be a lot cheaper but with an expanding industry, perhaps a recovering economy, etc. etc. I think it would take a management mis-step to break it down further. It's discouraging that the market keeps stocks such as this and EBAY as high as they do, but c'est la vie.
Help me out with the emotional artistic value of a Scooby Doo Game Boy game?
I don't let my son play video games more than 2 hours per week. And he is no longer allowed to play his Game Boy. It is too hard on his eyes.
However, I agree with your basic point. Video games are now (or soon, anyway) rivaling movies in terms of emotional impact (and maybe artistic impact as well). And they will eventually surpass them. Let's just hope they don't surpass "real" life as well!
THQ dropping nicely today, but it could just as easily ramp back up.
u think thq is expensive? u should see what premiums people are willing to pay for the sector in Japan, and europe.....it doesnot have much respect in the US even though it's big business.....in japan, something like thqi would easily be double what it's here....