>> Do you have kids?
Nope, I don't. But
if I did, I wouldn't let them watch the WWF. My
understanding of sector leadership leads me to believe that
that the leader is usually awarded a higher P/E than
its competitors. As long as JAKK has a higher P/E
than MAT and HAS, I'm not interested on a fundamental
basis. And I think you misunderstood: JAKK is most
definitely not being added to the S&P500 (a large cap
index), but rather the small cap index. Good luck with
Based on what I have
read of dragon's posts on the SFP board, I respect him
a great deal. He seems to have excellent
stock-picking skills, his TA is reasonable, and he treats
others with civility and respect. I give all his ideas
I do and while your TA doesn't like JAKKS, their
toys are being snatched off the shelves. Wrestling is
big business, whether we like it or not and little
boys will always play with toy cars. I have owned this
company starting at $8. I have been in and out. I am back
in not only because of the upcoming Feb Toy FAir,
but because of JAKK being added to the S&P500 and
Small Cap 600.
Rock, while I'm gratified that you respect my
opinion, that's not my strong suit.
But here are
*Migrating to cheaper media
*Having more internal development
increases fixed costs.
*128-bit development costs are
higher, which may limit undertaking "B-titles". This
could hurt THQ.
*On the other hand, Rugrats, WWF,
DangerGirl, PowerRangers could mean many more "A-titles" than
we're accustomed to.
*Tremendous sell-through in
recent season means reserves must (should?) be
Yesterday, I revealed that I think THQ's fully-taxed FY99
earnings will be 1.50-1.60. Given 50% growth, I would
predict 2.25-2.40 for Y2K. That beats analysts by 15-20%,
which is the historical norm, no?
While I'm on
the subject of earnings, E*Trade is now reporting
THQ's TTM earnings as 1.23, down from 1.58. Anyone know
how they might have arrived at this number (other
than some snafu)?
Can I bug you one more time?We've all pretty much
noticed that THQ estimates have held strong.Given the
history and what you know about the coming year,what are
your expectations?Management apparently is comfortable
with around 2$ pre split-whats your opinion?
Seem to remember a feature I saw on TV during the
holidays about video games (CNBC?) that said games like
fishing, bowling, hunting and other such sport games are
becoming popular with the "older" set (30+). Don't
remember any of the details. But the gist was that video
games are more popular than ever (as if we THQ share
holders didn't know that already).
838,600 shares traded and last price 26 1/4.
While I'm always somewhat aware of what JAKK is
doing, I don't watch it the same way I watch THQ. For
starters, I don't like their management much (although
Friedman is more adept with the PR aspect of his job). I
also don't want to be invested in a traditional toy
company, and while some may argue, I think JAKK fits the
But as far as TA goes, JAKK is below its 200-DMA. The
200-DMA is probably going to continue to act as
resistance until the 50-DMA sinks to intersect it. I would
continue to be on the sidelines with this one.
always, TA is only a piece of the puzzle. The Y2K
estimates seem to have been revised down:
http://biz.yahoo.com/z/a/J/JAKK.html. JAKK had its day in the sun. I'm going to